• Oil is trading lower

Noticias del mercado

6 octubre 2016

Oil is trading lower

This morning, the New York futures for Brent have fallen in price by 0.50% to $ 49.57 and crude oil futures for WTI have fallen in price by 0.48% to $ 51.62 per barrel. Thus, the black gold is traded in the red zone, correcting down after recent gains, amid US Department of Energy data oil reserves. Traders, however, does not believe in the continued steady rise in prices, given the high supply of raw materials in the market, writes "Interfax".

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