Two consecutive oil fell more than three weeks low

The future version of the petroleum contract declined for fifth consecutive days in second, when the output has been pushing the price of oil in the United States rose to more than the lowest level closed for three weeks, MarketWatch messenger.

On Wednesday, a report of 2% oil prices has plummeted after that, American oil production levels across the new record. The main economic adviser recently imported tax plan of steel and aluminum and President Donald Trump's resignation, the White House Gary hole rise, also worried about the possible trade war, in the negative impact global oil demand.

The deal ended a fifth day contract, WTI light sweet crude April return on the floor NYMEX $1.03 (US $1.7%) $60.12 / barrel, the lowest level since 13, closed 0 / / FactSet in 2018, data display.

The May contract Brent oil on the floor of the London lost 73 pence ($1.1%) $63.61 / barrel, the lowest level off, from between February 2018 and August.

Taylor Richey, editor of confirmation in the Sevens report: "a ramp in the United States Tuo yield gap is growing again, three times when the market growth rate of energy, four times the annual forecast for 2018."

The report, the U.S. Energy Information Administration (EIA) said on Wednesday, U.S. crude oil production continued to sprint new record level, the 86000 barrels/day, increased to 103 thousand and 690 barrels a day, a week before.

In the trading day on Thursday, April gasoline contract pay 2.2% collapse down $1.868 a gallon. April heating oil contracts pay 0.8% $1.859 / gallon.

Natural gas contracts in April 0.8% 2.756 U.S. dollars / MMBtu back down.

Natural gas prices weakened after EIA told the commodity supply by 5 billion 700 million cubic feet/ day/week ending 2018 02 03, the low collapse prediction of 5 billion 900 million cubic feet, from analysts to join this Platts detector.