Thursday, February 11, 2016

In the US increases oil drops, because its stocks in the Cushing are at record high – Banker

Crude oil prices on the stock market fuel in New York, falling 2.7 percent. After the discount in the last 5 sessions as much as 15 percent. – Give brokers.

 


 
 
A barrel of West Texas Intermediate crude for March delivery on the NYMEX exchange of fuel in New York is priced at 26.72 USD, after discount of 73 cents.


 

Brent for April deliveries on the exchange of fuel ICE Futures Europe in London cheaper by 50 cents to 30.34 USD per barrel.


 

Investors know the data on fuel inventories in the United States. Oil stocks fell last week by 0.75 million barrels, or 0.1 per cent., To 501.96 million barrels – announced the US Department of Energy (DoE).
 

Analysts assessed that in the last week, US crude oil inventories rose by 2.85 million barrels.


 

Reserves of distillate fuels, including heating oil, rose by 1.28 million barrels, or 0.8 percent. to 160.97 million barrels – handed the DoE.

 

The DoE also reported that gasoline inventories increased during this period by 1.26 million barrels, an increase of 0.5 per cent., To 255.66 million barrels.


 

Crude oil inventories in Cushing, where it is stored oil in the US, They rose last week by 523,000 barrels to a record 64.7 million barrels.
 

“On the horizon, there is nothing to indicate that oil prices in the US will rise to 35-36 dollars per barrel,” – says Evan Lucas, market strategist at IG Ltd. in Melbourne.


 

“The rally in oil prices towards the bottom will not end tomorrow. None of the manufacturers do not choose to bigger cut of oil supplies,” – he added.


 

On Wednesday, crude oil on NYMEX in New York grew cheaper by 49 cents to 27.45 USD per barrel. This is the lowest level at the close of trading on January 20.


 

In 2015, crude oil in the US grew cheaper by 30 percent. (PAP)

 

aj / Osh /

LikeTweet

No comments:

Post a Comment