the price of oil on the fuel exchange in new York grow for 7. session. Coming January 1 is the day when OPEC and other oil suppliers will start lowering production of the raw material, misleading brokers. If this scenario he realizes that this will affect the cost of fuel at gas stations – for which we will pay more.
a Barrel of oil, West Texas Intermediate deliveries for February on the NYMEX fuel exchange in new York, estimated after 53,11 USD, cost 9 cents, or 0.2 percent.
Brent with deliveries in February on the fuel exchange ICE Futures Europe in London loses 2 cents to $ 55,14 per barrel.
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the Extraordinary General Shareholders Meeting of Lotos Group appealed from the councils of the… read more “
markets have hope OPEC and other producers wywiążą of the previously signed agreements on the reduction of oil supplies.
on 30 November States United OPEC reached agreement on the issue of restrictions on the extraction of raw materials by countries in the cartel to 32.5 million barrels per day.
on 10 December, as oil producers outside OPEC have confirmed the decision on reduction of extraction of raw materials from January 1 – about 560 thousand. barrels per day.
In total trade of countries which are not members shall be limited to 558 thousand. barrels per day. With the cuts OPEC provides is just “OK”. 1.8 million barrels of oil a day less.
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the price of oil is expected to grow next year, because the decrease of oil supply on the markets should help in bringing them to balance, while now we have a glut of oil, – said the Minister of energy of Saudi Arabia Khalid Al-Falih.
on Monday at NYMEX in new York was a holiday pause.
this year U.S. oil rose by 43%.
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