• Oil is trading lower

Noticias del mercado

6 diciembre 2016

Oil is trading lower

This morning, the New York futures for Brent have fallen in price by 0.53% to $ 54.65 and WTI is down 0.87% to $ 51.34 per barrel. Thus, the black gold is traded in the red zone because investors have increasingly questioned the oversupply limitation. Since OPEC agreement to reduce production Brent futures soared nearly 19%. At the same time, there are doubts as to whether these plans will support the other oil-producing countries. On December 10 in Vienna OPEC meets non-cartel members.

Enfoque del mercado
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