Oil again depreciates against the background of the Asian and Brazilian statistics ranking

On Thursday
oil goes down again: weak economic
data from China and Japan have strengthened fears
that the low level of investment
can further slow down the global
growth (and hence energy demand).

By 9.14 Brent
It dropped to $ 47.11
per barrel for October delivery lost
already 1.08%. WTI fell
0.44% to $ 43.96.

Major orders
technique in Japan on July fell to 3.6%,
although it expected to increase by 3.7%. the
time, China's producer price index
It fell 5.9% in August (in annual terms).
This figure falls now 42th Month
Streak and now exhibits the largest
decline since the global financial
the crisis in late 2009.

All this can not
not affect the price of oil, since China
as the world's largest consumer
energy as deceleration
its production will slow
demand for oil and the markets, and without it
there was a strong oversupply.

Fuel to the fire
adds and Brazil. On Wednesday, the rating
Agents S P downgraded
the country's credit rating to unwanted.
It's only been seven years since
Brazil for the first time received a rating
investment grade. This country,
one of the main exporters of raw materials
China and the BRICS member - until recently,
regarded as one of the key
players in the global economic
arena.

The fall in prices
oil is exacerbated by the fact that OPEC maintains
mining near historic levels
highs to maintain its share
market.