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[rtl]History of edits:: 11/24/2016 10:20 • 46 visits readable[/rtl]
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{International: Euphrates News} Oil prices fell slightly amid investor doubts that OPEC agree to a significant reduction enough to reduce significantly the global supply glut with the high number of drilling rigs in the United States.
And meet members of the Organization of Petroleum Exporting Countries in Vienna next week to decide on the details of an agreement to cut production organization seeks to be concluded since September.
Oil prices fluctuated during the day as it fell in early trading and then turned to rise for a short period after the US Energy Information Administration said that US crude stocks fell unexpectedly by 1.3 million barrels last week , after rising for three consecutive weeks.
And dispelled reports on the rise in the number of drilling rigs in the United States this week , crude gains before settlement.
In the US market West Texas Intermediate crude futures fell seven cents or 0.2 percent to reach a settlement at US $ 47.96 a barrel.
And decreased global London Brent crude futures up 17 cents or 0.35 percent to reach at the settlement of $ 48.95 a barrel.
The list of doubts remain as to whether OPEC will agree on a proposal to reduce therate of four to 4.5 percent under discussion. That would reduce the supply of more than 1.2 million barrels per day , according to calculations Roeters.anthy
http://alforatnews.com/modules/news/article.php?storyid=133077
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Brent crude down to $ 48.95 a barrel
[/rtl][rtl]History of edits:: 11/24/2016 10:20 • 46 visits readable[/rtl]
{International: Euphrates News} Oil prices fell slightly amid investor doubts that OPEC agree to a significant reduction enough to reduce significantly the global supply glut with the high number of drilling rigs in the United States.
And meet members of the Organization of Petroleum Exporting Countries in Vienna next week to decide on the details of an agreement to cut production organization seeks to be concluded since September.
Oil prices fluctuated during the day as it fell in early trading and then turned to rise for a short period after the US Energy Information Administration said that US crude stocks fell unexpectedly by 1.3 million barrels last week , after rising for three consecutive weeks.
And dispelled reports on the rise in the number of drilling rigs in the United States this week , crude gains before settlement.
In the US market West Texas Intermediate crude futures fell seven cents or 0.2 percent to reach a settlement at US $ 47.96 a barrel.
And decreased global London Brent crude futures up 17 cents or 0.35 percent to reach at the settlement of $ 48.95 a barrel.
The list of doubts remain as to whether OPEC will agree on a proposal to reduce therate of four to 4.5 percent under discussion. That would reduce the supply of more than 1.2 million barrels per day , according to calculations Roeters.anthy
http://alforatnews.com/modules/news/article.php?storyid=133077
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