Tuesday, November 21, 2017

Oil continues to rise on Monday on positive outlook

Oil continues to rise on Monday on positive outlook

Oil prices
Brent and WTI brands grow on Monday afternoon
- a gradual increase is from the beginning of the month.
It is reported by the agency today
Bloomberg, referring to the trading data.


Futures
Brent crude oil for April delivery
rose $ 0.66 - to $ 62.18 a barrel by
16:28 MSK on. At the same time, the price of futures
WTI rose by $ 0.33 - to $ 54.00 per barrel.


positive
the mood among investors is still
retained after the news about the ongoing
reducing the number of operating drilling
plants in the United States - in turn,
It may be a signal for reducing the production
the country's oil. Over the past week, according to
According to the company Baker Hughes, the number of installations
It decreased by 84 units in the United States - to values
August 2011.


"Number
drilling rigs has fallen quite
significantly, - says head of consulting
Company Petromatrix Olive Zhakob. - We
believe that in the current year should
expect a decrease in production".


At the same time
Kuwaiti Oil Minister Ali al-Omeyr
said this morning that the actual surplus
oil on the market right now is less than
previously expected 1.8 million barrels
day.





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