Oil prices fall again
Date: 08/02/2017 10:55
Information / Baghdad ..
Oil prices fell on Wednesday after data showing a rise in US crude stocks at a great pace in the last week.
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.
Whereas, Futures US crude fell by 43 cents or 0.82% to $ 51.74 a barrel.
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.
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.
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, according to news agency "Fars" news agency. Finished / 25 p.