sexta-feira, 27 de outubro, 2017

Oil prices are hovering stability with increase in stockpiles and production

LONDON-oil prices were virtually stable on Thursday, pressured by an unexpected increase of fuel stocks in the United States, in addition to the high u.s. production and exports, but the values were close to the maximum number of months by tighter markets. Oil Brent retreated 0.14 dollar, or 0,24%, to 58.3 dollars per barrel, at 9:00 (GMT). The oil of the United States fell 0.01 dollar, or 0, 2%, 52.17 dollars per barrel the markets were supported by comments from Saudi Arabia's Energy Minister earlier this week, reiterating the determination to put an end to the global oversupply that presses the prices for more than three years. But u.s. oil inventories have risen in 856,000 barrels last week, according to data from the Energy Information Administration of the United States (EIA). Analysts had expected a fall of 2.6 million barrels. In addition, u.s. oil production rose to 1.1 million barrels per day (bpd) last week, to 9.5 million bpd after a fall due to Hurricane Nate, while oil exports across the country reached a new record average of four weeks of 1.7 million bpd.
DCI – 26/10/2017 Noticia traduzida automaticamente
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