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Brent futures prices are higher
10:21 - 07/08/2017
Brent crude futures rose 8 cents or 0.15 percent to $ 52.50 a barrel at 0059 GMT, while US crude futures rose 7 cents or 0.14 percent to $ 49.65 a barrel.
International benchmark prices rose to near their highest level since late May when OPEC oil producers extended an agreement to cut output by 1.8 million bpd by the end of March.
"Crude oil prices rose strongly after investors viewed US employment data as a positive sign for oil demand in the United States," the bank said in a note. "It also reinforced a slight decline in the number of drilling platforms operating In the United States also prices. " Finished
http://www.almaalomah.com/2017/08/07/182295/
10:21 - 07/08/2017
Brent crude futures rose 8 cents or 0.15 percent to $ 52.50 a barrel at 0059 GMT, while US crude futures rose 7 cents or 0.14 percent to $ 49.65 a barrel.
International benchmark prices rose to near their highest level since late May when OPEC oil producers extended an agreement to cut output by 1.8 million bpd by the end of March.
"Crude oil prices rose strongly after investors viewed US employment data as a positive sign for oil demand in the United States," the bank said in a note. "It also reinforced a slight decline in the number of drilling platforms operating In the United States also prices. " Finished
http://www.almaalomah.com/2017/08/07/182295/
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