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Asian benchmark oil continues to rise on Tuesday as investors respond to unplanned deliveries of supplies from Libya and Venezuela and wait for a massive reduction in Iranian fuel exports, Dow Jones writes.
At the same time, the market expects a further reduction of commercial stocks United States : According to analysts surveyed by Bloomberg, they fell by 3.88 million barrels [19659002QuotationsoftheSeptemberBrentOilfuturesontheLondonStockExchange ICE Futures at 7:50 am on July 10th increased from $ 0.47 (0.60%), to $ 78.54 per b
Oil WTI with delivery in August to the electronic auction of the New York Mercantile Exchange ( NYMEX ) in the morning rose $ 0.42 (0, 57%) – From $ 74.27 per barrel
Brent prices increased from $ 0.96 (1.24%) to $ 78.07 per barrel, while WTI added 5 cents (0.07%) and cost $ 73.85 per barrel
According to the chief OM Financial trader on the derivatives market of Kevin Morgan, the price of oil in the month or two months will drop $ 5 on the barrel. to Lee the eyelashes and Venezuela.
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