Crude oil inventories rose 2 international oil prices fell nearly 3%

daily U.S. commercial crude oil inventories rose, 2 international oil prices fell.

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According to a November 3rd report, the U.S. energy information administration released data show that 2 last week, the national commercial crude oil inventories increased by 14 million 400 thousand barrels to 428 million 600 thousand barrels. 14 million 400 thousand barrels a week or highest value of the data record, which weighed on the market.
As of the date of closing, the New York Mercantile Exchange in December delivery of light crude oil futures prices fell $1.33, to close at $45.34 a barrel, down 2.8%. January 2017 delivery of London Brent crude oil futures prices fell $1.28, to close at $46.86 a barrel, down 2.7%.

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