Oil prices rose in the first trading hours in 2017, driven by the holding hopes that leads the agreement between OPEC members and producers from outside the organization to reduce production, to eliminate oversupply in the global market.
And it achieved Brent crude to $ 75.13 a barrel, close to the price achieved last year in the same endowment at $ 57.89 a barrel.
The oil markets have been closed New Year 's Day.
And Texas Intermediate crude has achieved an increase of 32 cents, or 0.6 percent, to $ 54.04, which is also not far from achieved at the same time last year at $ 54.51.
And entered into oil - producing countries of the agreement inside and outside OPEC to reduce production, last Sunday.
Market watchers say that " the month of January will be prepared indicator of how producers commitment to theagreement."
It showed the Russian Ministry of Energy data, on Monday, that Russia's oil output stood at 11.21 million barrels per day in December , unchanged from its level in November, the highest in nearly 30 years.
Russia is preparing to reduce production by 300 thousand barrels per day in the first half of 2017 within the framework of a global agreement with the Organization of the Petroleum Exporting Countries (OPEC) aims to restore balance to the two markets.