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[size=30]Oil falls to rising US crude oil production[/size]
08/02/2017 11:41 | Number of Views: 1
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[rtl]Direction Press / Agencies[/rtl]
[rtl]Oil prices fell on Wednesday after data showing a rise in US crude stocks at a great pace in the last week.[/rtl]
[rtl]By 09:56 pm Moscow time (06:56 GMT), the global Brent crude blend "Brent" fell by 25 cents or 0.45% to $ 54.80 a barrel.[/rtl]
[rtl]Whereas, Futures US crude fell by 43 cents or 0.82% to $ 51.74 a barrel.[/rtl]
[rtl]According to the American Petroleum Institute rising crude stocks in the United States increased by 14.2 million barrels in the week ending 3 February, while analysts' forecasts pointed to a rise of 2.5 million barrels.[/rtl]
[rtl]It should be noted that the American Petroleum Institute data are unofficial data, the US government will issue statements for stocks on Wednesday at 15:30 GMT time.[/rtl]
[rtl]On the other hand, said Iranian Oil Minister Bijan Zanganeh, said that the organization "OPEC" to continue to work agreement to cut production during the second half of this year.[/rtl]
[rtl]http://aletejahtv.org/permalink/150071.html
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