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Oil prices are falling for more than 2%
History of edits:: 2017/7/7
{International: Euphrates News} Oil prices fell more than two percent on Friday, with lower futures US crude for $ 45 a barrel on news of increased production of the United States, following previous reports of OPEC production also rise to its highest level for the year 2017.
By 0929 GMT , it was crude futures for global measurement Brent low of $ 1.07, equivalent to 2.2 percent to $ 47.04 a barrel after it fell to $ 46.75, the weakest level in more than a week.
And it landed US crude WTI of $ 1.12 , or 2.5 percent , to $ 44.40 a barrel. And the lowest level for the session of $ 44.20 is the least in a week , too.
Said Ole Hansen , commodity markets analyst at Saxo Bank "noticed some confusion today following a wave of a strong rise was driven mostly covered by the city centers, the Brent failed again to break fifty dollars earlier this week , " open appetite sellers again to pay for the decline. is over
http://alforatnews.com/modules/news/article.php?storyid=145924
History of edits:: 2017/7/7
{International: Euphrates News} Oil prices fell more than two percent on Friday, with lower futures US crude for $ 45 a barrel on news of increased production of the United States, following previous reports of OPEC production also rise to its highest level for the year 2017.
By 0929 GMT , it was crude futures for global measurement Brent low of $ 1.07, equivalent to 2.2 percent to $ 47.04 a barrel after it fell to $ 46.75, the weakest level in more than a week.
And it landed US crude WTI of $ 1.12 , or 2.5 percent , to $ 44.40 a barrel. And the lowest level for the session of $ 44.20 is the least in a week , too.
Said Ole Hansen , commodity markets analyst at Saxo Bank "noticed some confusion today following a wave of a strong rise was driven mostly covered by the city centers, the Brent failed again to break fifty dollars earlier this week , " open appetite sellers again to pay for the decline. is over
http://alforatnews.com/modules/news/article.php?storyid=145924
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