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High oil prices
BAGHDAD (Reuters) -
Oil prices rose on Tuesday, supported by strong demand in the coming weeks expectations, but the overall market conditions are still weak, due to the continuing glut of fuel supplies, which prompted a number of banks to reduce its forecast price.
The price of a barrel of crude global measurement of Brent crude to $ 47.01, up 13 cents, or the equivalent of 0.3 percent from the previous close, as quoted by Reuters news agency, this morning (July 11, 2017).
And it increased futures contracts for WTI US median ten cents or 0.2 percent to $ 44.50 a barrel.
Traders said that the rise in prices was partly due to the expected demand force valuable coming weeks.
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BAGHDAD (Reuters) -
Oil prices rose on Tuesday, supported by strong demand in the coming weeks expectations, but the overall market conditions are still weak, due to the continuing glut of fuel supplies, which prompted a number of banks to reduce its forecast price.
The price of a barrel of crude global measurement of Brent crude to $ 47.01, up 13 cents, or the equivalent of 0.3 percent from the previous close, as quoted by Reuters news agency, this morning (July 11, 2017).
And it increased futures contracts for WTI US median ten cents or 0.2 percent to $ 44.50 a barrel.
Traders said that the rise in prices was partly due to the expected demand force valuable coming weeks.
share it
[You must be registered and logged in to see this link.]
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