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Oil expands its gains, and Brent exceeds $ 71

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rocky
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Oil expands its gains, and Brent exceeds $ 71

Post by rocky on Thu 25 Jan 2018, 6:00 am

Oil expands its gains, and Brent exceeds $ 71





 25 January 2018 10:31 p

Mubasher : Oil prices rose during Thursday's trading and exceeded Brent crude level of $ 71 a barrel, with the decline of US stocks.
 
By 0710 GMT, the benchmark Brent crude was up 0.6% at $ 70.92 a barrel after crude hit $ 71.05 a barrel.
 
While the price of NYMEX crude futures at $ 66.17 a barrel by 0.9%, the highest level since December 2014. 
 
Data from the US Energy Information Administration showed yesterday that oil inventories in the United States fell more than expected in the week ending Jan. 19 by 1.1 million.
 
While expectations were that inventories would fall by 1 million barrels.
 
At the level of US production rose to 9.88 million barrels last week.


https://www.mubasher.info/news/3218401/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D9%88%D8%B3%D8%B9-%D9%85%D9%83%D8%A7%D8%B3%D8%A8%D9%87-%D9%88-%D8%A8%D8%B1%D9%86%D8%AA-%D9%8A%D8%AA%D8%AC%D8%A7%D9%88%D8%B2-71-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7-

    Current date/time is Thu 24 May 2018, 2:50 pm