- Oil rose in early trading
Market news
3 January 2017
Oil rose in early trading
This morning, the New York futures for Brent rose 1.18% to $ 57.49 WTI up 1.02% to $ 54.27. Thus, the black gold prices rise in anticipation of oil producing cuts worldwide.
Last year, WTI crude oil showed an increase of 45%, the biggest gain in the last seven years. In December, the black gold has increased by more than 8% after the OPEC agreement to lower production volumes.
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