Thursday, May 26, 2016

Price of a barrel of crude oil for the first time in 2016. In excess of $ 50 – Polish Radio

A barrel of West Texas Intermediate crude oil supply in July the stock market fuel NYMEX in New York is priced at 49.35 USD, after an increase by 73 cents, or 1.5 percent.

Brent in supplying July stock market fuel ICE Futures Europe in London more expensive by 65 cents, or 1.3 per cent., and is priced at 49.26 USD per barrel.

Stocks USA down

on Tuesday gave calculations of US oil reserves independent American petroleum Institute (API).

they show that inventories of raw materials declined in the US last year. week with 5.14 million barrels.

Analysts assessed that US crude oil inventories fell last. week by 2.0 million barrels.

– Data API are “bull” markets fuels – says Angus Nicholson, an analyst at IG Ltd. in Melbourne.

– If you have these data confirm the report of the DoE, the prices oil will go over $ 50 a barrel – he added.

on Wednesday, an official report on stocks of fuel in the US at 16.30 will present the Department of Energy (DoE).

the market is meanwhile less oil from Canada about 1 million barrels a day, because the men of producers of raw materials to reduce supply. Fires that raged for days in Canada, do not allow you to run a normal oil production.

On Tuesday, crude oil on NYMEX rocketed by 54 cents to 48.62 USD per barrel.

PAP , abo

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