Oil prices are rising



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Oil prices rose Wednesday.
Last cost one barrel (159 liters) of the North Sea Brent 76.86
United States dollars. It was 42 cents more than Tuesday. The price for
American Rose of West Texas Intermediate (WTI)
by 76 cents to $ 67.09.

Crude oil stocks in the United States were last week
increased surprisingly strong. They had according to the Ministry of Energy
6.4 million to 422.8 million barrels. Analysts had
only expected an increase of 3.7 million barrels. the
Nevertheless, oil prices have risen. Traders referred to those who fell
Stocks of gasoline and distillate.

Previously, the price of Brent had fallen temporarily to 75.11 dollars.
It was the lowest level in about two months. Was at the oil market
the temporary decline in Brent prices continues with the statements of the
Saudi Arabia's oil minister of the day justified. Khalid Al-Falih
had made it clear at a conference of investors in Riyadh that
country will compensate for any supply shortages resulting from
US economic sanctions against Iran./jsl/he

AXC0302 2018-10-24 / 18: 09

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