The price of oil has dropped to a minimum for the year – energy



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Information on the United States and forecasts for 2019.

  Illustration REUTERS "src =" https://images.unian.net/photos/2017_10/1507305253-7754.jpg?0.7536786043242687 "title =" Illustration REUTERS /> 

<p> Illustration REUTERS </p>
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<p>  The oil market is in free fall in Asian trade, while the prices of the Brent and WTI standard grades remain at least a year, prices being written in the context from a Fed meeting in the United States. has increased the basic interest rate. </p>
<p><span class= Read also Oil shortage could occur sooner than expected – AIE

That is what is reported today.

In particular, the February Brent futures price on the London Futures Exchange (ICE Futures) was reduced to $ 56.38 per barrel at the time of the trading day. Kiev up to the time of Kiev, but earlier, the price of Brent broke the record breaking for 15 months.

  photos investment.com

photo invest.com

Cost BRENT futures in February on the New York Mercantile Exchange (NYMEX) electronic trading fell to $ 47.14 a barrel. On the eve of December 19th, the WTI futures trading session is over, rising 2.1% last day to $ 47.2 a barrel.

  photo invest.com

photo invest.com

As you know, the US Federal Reserve raised the basic interest rate after the December meeting, for the fourth time this year, As expected, forecasts for 2019 are revised to deteriorate: GDP growth and consumer prices have been downgraded, and the US central bank now expects two higher rates instead of the three.

  Illustration REUTERS "src =" https://images.unian.net/photos/2018_09/1536836389-5821.jpeg?0.6248842761704494 "title =" Illustration REUTERS "/> 

<p> Illustration REUTERS </p>
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<p>  to the Reserves in the United States for the week ending December 14th only decreased by 497,000 barrels, while gas reserves increased by 1.77 million barrels and distillate stocks decreased by 4.24 million barrels. </p>
<p><span class= Reduction of US oil reserves by 3 million barrels, 2.6 million barrels and 900,000 barrels of distillates.

Terminal oil stocks of Cushinga, where oil was trading at NYMEX, jumped last week by 1.09 million barrels.

Oil production remained unchanged at 11.6 million barrels per day. oil imports rose by 30,000 barrels per day to 7.42 million barrels and exports of 51,000 barrels a day to settle at 2.225 million barrels a day.

Reminder on December 7th. the agreement on the reduction of oil production. Previously, Russia refused to offer Saudi Arabia a reduction in production of 1 to 1.2 million barrels a day

. Other Thus, each OPEC country pledges to reduce oil production by 3%.

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