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Oil prices, due to the expected rise in U.S. crude inventories last week near record highs
Time:2014-04-23   Read:630second  
U.S. crude oil futures fell on Tuesday in anticipation of the upcoming data will show U.S. crude inventories rose in the latest week , close to record highs .
Brent crude also fell , but the decline is limited , due to continued concerns about the situation in eastern Ukraine to upgrade confrontation will likely lead to expansion of the West 's sanctions against Russia , leading Russian oil supply disruption .
U.S. crude oil fell more than Brent crude oil, so that the two go wide spread more than 1 U.S. dollar . U.S. crude oil futures closed at $ 102.13 a barrel , down $ 2.24 , or more than 2 %. Brent crude closed at $ 109.27 a barrel , down $ 0.68 .
U.S. May crude contract expires at the close on Tuesday , June U.S. crude contract become in recent months . June U.S. crude oil prices fell about 2 percent, to $ 101.75 a barrel .
U.S. crude oil inventory levels are approaching record highs , as of April 11 this week, U.S. crude oil inventories rose 3.94 million barrels to 10 million barrels , nearly hit a record high of 3.98 million barrels last year .
The U.S. Energy Information Administration (EIA) will be released on Wednesday, the latest week U.S. crude inventory data. American Petroleum Institute (API) inventory report released later on Tuesday . Reuters survey , analysts expected last week, U.S. crude oil inventories rose 2.7 million barrels .
On Tuesday, Brent premium against U.S. crude to $ 7.67 to go wide high, this is the 26 March to the widest level.
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