# Oil falls by more than $1/bbl on US crude build, security threat worries

> Brent settled at $81.60 a barrel, down $1.17, and WTI settled at $76.64, down $1.23, on February 14. Prices fell as surging US crude inventories weighed on the market. Security concerns offered only limited support.

- Date: 2024-02-14 · published 2024-02-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31862-oil-falls-by-more-than-1-bbl-on-us-crude-build-security-threat-worries
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A rise in US crude stocks signals softer demand relative to supply, which pressures energy prices and the cost of biofuel feedstock. The move is routine and has little direct bearing on feed grain or meal prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/markets/commodities/oil-prices-fall-sticky-inflation-bigger-than-expected-us-crude-stock-build-2024-02-14/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.