• Oil trading lower

Noticias del mercado

22 julio 2016

Oil trading lower

This morning in New York futures for WTI crude oil were down -0.80% to $ 44.39 and Brent oil futures fell by -0.43% to $ 46.00 per barrel. Thus, the black gold is trading lower as analyzed data from the US indicated a surplus of oil on the market, while the volume of exports from Iraq's black gold is growing. Given the huge oil volumes stored in tanks and tankers on land and water, rebalancing the market takes longer than expected.

Enfoque del mercado
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