Oil prices drop sixth straight day

The sixth consecutive day of falling oil prices. Traders expect the growth of commercial stocks of fuel in the U.S.. Futures price for WTI crude oil for February in electronic trading on the New York Mercantile Exchange (NYMEX) on Tuesday morning fell to 0.59 dollars - up to $ 37 per barrel. Price of the February contract for WTI on Monday fell by 3.24 dollars (7,9%) - up to 37.59 dollars per barrel. Analysts expect an increase in U.S. oil inventories in the week from 3 to 9 January to 2.25 million barrels. U.S. Department of Energy report on the state of the U.S. fuel market will be published on Wednesday. Quotation of the February futures on Russian crude oil Rebco the electronic system of CME Globex (NYMEX) on Jan. 12 fell to 1.47 U.S. dollar and reached 40.65 dollars per barrel. On the London ICE Futures Exchange futures price for February London Brent crude fell 1.51 dollars - up to 42.91 dollars per barrel, informs "Interfax" referring to agency Bloomberg.