Oil futures fall on small U.S. crude stock decline, trade war worries - Reuters

Oil futures fall on small U.S. crude stock decline, trade war worries - Reuters:

Oil prices extended their losses following the release of a U.S. report showing a smaller-than-expected decline in crude inventories.

The U.S. Energy Information Administration (EIA) said crude stockpiles fell by 0.3 million barrels during the week ended May 24.

That was lower than the 0.9-million-barrel decline analysts forecast in a Reuters poll and compares with data from the American Petroleum Institute (API) on Wednesday showing crude inventories fell by 5.3 million barrels last week.

Brent LCOc1 futures were down $1.87, or 2.7%, at $67.58 a barrel by 11:33 a.m. EDT (1533 GMT), while U.S. West Texas Intermediate (WTI) crude CLc1 was down 97 cents, or 1.7%, at $57.84.