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Oil prices of world-renowned reference brands continue to rise Tuesday. Investors react to unexpected supply cuts in Libya and Venezuela and expect a mbadive decline in Iran's exports of raw materials
Meanwhile, the market is counting on further reductions in US commodity stocks, according to reports. Experts interviewed by Bloomberg, (BUR) on the London Stock Exchange ICE Futures rose from $ 0.47 to $ 78.54 a barrel today.
The American Standard WTI with August delivery of the New York Stock Exchange (NYMEX) (Brent) rose Monday from $ 0.96 (1.24%), to $ 78.07 a barrel, while this price was $ 74.27 a barrel, $ 0.42 above yesterday. WTI added 5 cents to 73.85 dollars a barrel
Over the next few months, oil prices will fall by 5 dollars a barrel, supplies from Russia and Saudi Arabia offsetting the decline in oil prices. yield of Libya.
In the Shanghai International Energy Exchange auctions Tuesday, oil with delivery in September rose 0.8% to 501.8 yuan per barrel
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