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Oil prices fall after increase the number of drilling rigs in the United States
Monday 12-09-2016 | 8:15:57
XYZ
Twilight News / Oil prices fell on Monday after it said drilling for oil companies in the United States excavators to search for a new production at a time when oil producers adapt to the falling oil price.
The price of futures contracts for Brent crude to $ 47.58 a barrel at 0041 GMT, down 43 cents or 0.9 percent from its price at the last close.
The decline in the price of futures contracts for US crude West Texas Intermediate 50 cents, or 1.1 percent, to $ 45.38 a barrel.
Traders said the fall in oil price on Monday, and on Friday was the result of increased drilling activity for oil operations in the United States, which indicates that producers can operate profitably within the scope of the current price levels.
http://www.ara.shafaaq.com/92776
Monday 12-09-2016 | 8:15:57
XYZ
Twilight News / Oil prices fell on Monday after it said drilling for oil companies in the United States excavators to search for a new production at a time when oil producers adapt to the falling oil price.
The price of futures contracts for Brent crude to $ 47.58 a barrel at 0041 GMT, down 43 cents or 0.9 percent from its price at the last close.
The decline in the price of futures contracts for US crude West Texas Intermediate 50 cents, or 1.1 percent, to $ 45.38 a barrel.
Traders said the fall in oil price on Monday, and on Friday was the result of increased drilling activity for oil operations in the United States, which indicates that producers can operate profitably within the scope of the current price levels.
http://www.ara.shafaaq.com/92776
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