Today, the July Brent crude futures contract decreased by 0.98%, or the equivalent of $1.05, to reach $106.46 a barrel.
US crude futures for June delivery also fell today by 1.06%, or 1.12%, at the level of $104.59 a barrel.
EIA data yesterday showed that US distillate stocks fell last week to their lowest since 2005, while crude stocks rose by 8.5 million barrels. p>
The International Energy Agency is scheduled to provide a market overview of oil in general later today.