• Oil is trading lower

Noticias del mercado

14 noviembre 2016

Oil is trading lower

This morning, the New York futures for Brent dropped 0.48% to $ 43.20 and WTI fell 0.36% to $ 44.59 per barrel. Thus, the black gold is traded in the red zone on the background of an increase in production in the OPEC countries, as well as an increase in the number of drilling rigs in the United States. Recall Friday, the cartel said that in October, oil production was higher by nearly 240 thousand barrels per day as compared to September, up to 33.64 million barrels per day. On Thursday, November 10, the International Energy Agency (IEA) also stated that total production of oil increased 230 thousand barrels per day as compared to September, to a record high of 33.83 million barrels per day.

Enfoque del mercado
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