sexta-feira, 05 de maio, 2017

Opera volatile oil, amid concerns about the global supply

Oil futures show volatility Friday morning (5), amid concerns about the global supply situation. In the last session, the commodity has suffered a fall of almost 5%. At 8:31 (Eastern), oil type Brent for July had mild 0.10% high in IntercontinentalExchange (ICE), to $ $48.43 a barrel, while the June WTI retreating 0.20% on the New York Mercantile Exchange (NYSE), the $ $45.43 per barrel. In the lowest levels since the end of November, the oil has been pressed by a growing view that efforts of the Organization of petroleum exporting countries (Opec) and Russia to cut your production during the first half of the year will not be enough to balance the world offer, since the USA come extending your production significantly. On Wednesday, Department of energy (DoE) revealed that American stocks of crude oil from the U.S. fell less than expected last week and pointed to a new breakthrough in the production of the country. On the initiative of Opec and Russia, analysts were predicting that shale oil producers of the United States would expand the production, but the progress has exceeded expectations. Last week, the American production reached 9,300,000 barrels per day, the highest level since August 2015. The next day 25, OPEC will discuss the possible extension of its efforts to cut production. Since January, Opec, Russia and other countries are trying to reduce your daily offer at about 1.8 million barrels.
Jornal do Comércio - 05/05/2017 Noticia traduzida automaticamente
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