• Oil is trading in the red zone

Noticias del mercado

15 febrero 2017

Oil is trading in the red zone

This morning the New York futures for Brent fell by 0.3% to $ 55.80 and WTI fell 0.49% to $ 52.94. Thus, the price of black gold trading lower on the background of investors' doubts about production cuts. Recall that Russia and OPEC decided to cut production by 1.8 million barrels / d in the first half of '17. In January, the delivery of these countries have fallen to the level of 29.888 million barrels / d. Today, the market is waiting for the publication of statistics from the US Energy Information Administration.

Enfoque del mercado
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