Oil without a clear direction in Asia, the impact of rising US crude stocks[/ltr]
[ltr][rtl]History[/rtl] of [rtl]edits:: 2016/12/29 9:39 • 57 visits readable[/rtl][/ltr]
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Oil prices seemed no clear trend in Asia on Thursday, after falling following estimates speak of rising US crude inventories.
At about 03:30 GMT, decline in the price of a barrel of oil light [light sweet infraction,] the US reference crude for February delivery 20 cents to $ 53.86 in electronic trade in Asia.
The barrels Sea Brent oil benchmark Nordic, for February delivery, the price rose three cents to reach 56.25 dollars.
The publication of the American Institute "American Petroleum Aanstiiot" Wednesday estimates indicate that US oil reserves have risen over the past week, leading to a decline in light oil price, which reached its highest level in 18 months.
It is noteworthy that any increase in the height of the US reserves, means a decline in oil demand in the first economy in the world, but it affects the abundance of supply on world prices.