• Oil shows moderate gains

Market news

2 August 2016

Oil shows moderate gains

This morning, New York crude oil futures for WTI grew by 0.52% to $ 40.27 and crude oil futures for Brent rose by + 0.57% to $ 42.38 per barrel. Thus, the black gold has increased in anticipation of the release of data on trade in US oil inventories. According to economists, the US reserves of crude oil and gasoline fell in the last week 1.75 million and 1 million barrels respectively. However, the values remain at the highest marks for the current season in the last two decades.

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