Oil is trading higher

Market news

21 December 2016

Oil is trading higher

This morning, the New York futures for Brent rose 0.89% to $ 55.84 WTI + 0.83% to $ 53.74 per barrel. Thus, the black gold is trading in the green zone on expectations regarding the reduction of oil reserves in the United States. According to the American Petroleum Institute, stocks fell by 4.1 million barrels last week, while experts predicted a decline of 2.5 million barrels.

Italian wage inflation little changed

Riksbank: Further purchases of government bonds for SEK 30 billion, repo rate unchanged at -0.50 per cent

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