Oil continue to rise

Market news

7 September 2016

Oil continue to rise

This morning New York WTI crude oil futures rose by 0.89% to $ 45.26 and Brent crude oil futures rose by + 0.97% to $ 47.70 per barrel. Thus, the black gold is trading in the green zone on the background of the collapse of the dollar and forecasts relating to the agreement between Moscow and Riyadh on a possible joint action to stabilize the market.

United Kingdom: Industrial Production (MoM), July 0.1% (forecast -0.2%)

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