Quotes of oil are rising in anticipation of reports and news
On Friday morning, oil
prices go up - investors react
for news about the intensification of fighting in Iraq and
Libya. At this time, traders are waiting
weekly reports on the number of working
drilling rigs in the US and reports
the outcome of negotiations on the nuclear program
Iran.
By 10:22 MSK on futures
of Brent traded at $ 60.83 (growth
0.26%) per barrel, while futures for WTI - at
at $ 50.89 (+ 0.26%). Last night Brent
I sank to a mark
$ 60.30 per
barrel, while WTI -
to $ 50.70.
Western media report
today that militants "Islamic
state" set fire to oil
wells in northeastern Iraq to
keep government offensive
troops and Libya at this time stops
production at 11 fields because of the fighting.
Expected reports - from oilfield
Baker Hughes' today will be weekly
a report on the number of workers in the country
drilling rigs, which will allow
investors estimate the production volumes
shale oil.
"Given more
high cost of shale oil,
we believe that supply and demand balance
be corrected so that the price
will rise at least until the intended
production costs", - consider
Analysts Singaporean bank OCBC. By
They predict that by year-end Brent price will rise
up to $ 80 per barrel, while WTI - up to $ 75. main
price increase is expected in the second
half.
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