• Oil is gaining in early trading

Noticias del mercado

8 agosto 2016

Oil is gaining in early trading

This morning, the New York futures for WTI rose + 1.39% to $ 42.37 and crude oil futures for Brent rose by + 1.26% to $ 44.84 per barrel. Thus, the black gold is trading in the plus on the background of the release of data on the number in the US rig. According to the Baker Hughes, the number of active rigs in the US rose last week by 7 units, to 381, the highest figure since March. The index was rising for six straight weeks. Also Sanford Bernstein analysts fear the reduction in the rate of growth in world demand for fuel due to the deterioration of global macroeconomic indicators. In addition, statistical data from China pointed to a decline in exports in July, by 4.4% in annual terms, while imports fell by 12.5%.

Enfoque del mercado
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