Date: 7 months ago   Category: Financial

Oil fell in price to a minimum since September, 2017


The cost of Brent crude oil fell lower than 54 dollars for barrel that is a minimum since September 12 of last year. The price of Brent crude oil at the auction on Friday, December 21, fell lower than 54 dollars for barrel for the first time since September 12 of last year. At 12:00 the cost of February futures for the North Sea oil mixture of the Brent brand fell by 0.98%, up to 53.82 dollars for barrel. The price of futures for WTI crude oil fell by 0.41%, up to 45.69 dollars for barrel. The aggravated fears of a surplus of oil became the major factor influencing falling of the price. According to the Ministry of Energy of the USA, oil production in the country last week remained at the level of 11.6 million barrels a day. At the same time commercial reserves of oil in the country were reduced by only 500 thousand barrels though analysts expected decrease by 2.4 million barrels. Let's remind, on December 20 prices of oil fell off for 5% because of signals from U.S. Fed of decrease in growth rates of the American economy and lower demand for oil against the background of its overproduction. Today prices of oil began to grow on signals from OPEC that production reduction which will begin in January will be more significant, than it was expected. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

URL:

Today

just now

Fran Sol will pass a duel against Shakhtar. The forward of Dynamo Fran Sol will not be able to take part in a match for the Supercup of Ukraine against Shakhtar. The reason for that became got injured the Spaniard during the training camp in Austria. On restoration at least two weeks will leave. Besides, it is known that Sol will also miss oppositi...

just now

Ruslan Malinovsky hammered with a penalty in the first match for Atalanta. The Ukrainian midfielder of Atalanta Ruslan Malinovsky was marked out by a goal in the first match for club. The Ukrainian passed a team this week, managed to hold several trainings and participated in a friendly match against Brusaporto. Malinovsky began a match with start...

just now

The Swedish model poses in pictures topless or just in revealing dresses of a fashion brand. The supermodel and "angel" of Victoria's Secret Elza Hosk acted in frank images. In pictures she poses in c...

just now

Dollar exchange rate on Mezhbank on sale grew by 16 kopeks – up to 26.05 UAH/dollars, the course in purchase rose by 17 kopeks – 26.04 UAH/dollars the National Bank of Ukraine for July 19, 2019 lowere...