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[size=30]Oil is breathing a sigh of relief[/size]
01/03/2017 03:54 | Number of Views: 151
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Direction Press / Agencies
Kept oil prices in global markets, Wednesday, March 1 / March, its position in the Green Zone, backed by the orientation of the top producers to continue their commitment to implement the Vienna agreement on production cuts.
By at 12:13 Moscow time (09:13 GMT), traded futures global crude blend "Brent" at a price of $ 56.76 a barrel, posting an increase of about 25 cents, and was trading Futures US light crude at $ 54.20 a barrel, was up by about 19 cents from the last trading session.
And it boosted the confidence of investors in the oil sector after the Russian energy minister's remarks, Alexander Novak, about the seriousness of his country's application to cut production agreement at a faster pace, increasing the unit to reduce crude production in the country during February last, compared to January / January the previous year.
The volume reduction of oil in the Russian Federation, during February, according to sources in the Ministry of Energy, about 124 thousand barrels per day, compared to 117 thousand barrels per day during January.
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