[ad_1]
LONDON – Oil prices evolve in a contrasting trend, operators worrying about the interruption of supply flows that led investors to focus on oil production and the potential effect of the trade dispute between the United States and China.
At 9:15 am in Mexico City, Gross Bren rose after hitting an intraday dip very close to its lowest level since April 17th.
Brent earns 0.2% to 72.02 dollars a barrel. Previously, the London benchmark fell 0.45% to 72.16 dollars a barrel.
On the other hand, the US WTI crude futures contract for delivery in September fell 0.3% to 66.83 dollars per barrel.
The energy market reacted with ups and downs following the intensification of the workers' strike on oil rigs in Norway, supporting a market dominated by oversupply issues the last days.
A Norwegian workers' union on offshore oil and gas platforms on Tuesday intensified a seven-day strike that affected oil production.
The strike, which began last Tuesday, has had a limited impact on Norwegian oil production up to now, but some drillers have warned of possible contract cancellations if the conflict persists for a long time. months or more.
Oil prices fell by more than 10% last week, after Libya's oil export terminals returned to service and after increasing shipments from the countries of the country. OPEC and allies such as Russia.
Production in the seven major shale oil formations in the United States is expected to increase 143,000 barrels per day (bpd) to a record 7.47 million bpd in August, according to figures released on Monday by the government. of energy (EIA).
Production is expected to continue to grow in all seven shale formations in the United States and all, with the exception of the Appalachian region, are already setting maximum levels of extraction.
Another factor weighing on prices is the growing concern over the trade war between the United States and its major allies, particularly China, which could hurt global economic activity and, therefore, reduce global demand for crude oil. 19659012] With information from Reuters and Notimex.
Source link
