[ad_1]
Photo: EFEI / Reference Image
(Caracas, July 25, 2012) – Oil prices ended Wednesday on the rise, supported by the drop in oil reserves in the United States at its lowest level since 2015.
In London, Brent crude barrel from the North Sea for delivery in September gained 49 cents to end at $ 73.93 on the Intercontinental Exchange ( ICE).
] On the New York Stock Exchange (Nymex), a barrel of light sweet crude (WTI) for the same maturity added 78 cents to $ 69.30
. the price is very clearly related to the much larger decline in crude oil inventories in the United States than expected, which has fallen to their lowest level since February 2015, "said Robert Yawger of Mizuho. This relativises, at least temporarily, any concern about a possible surplus of black gold on the world market.
The citations of were more advanced on Wednesday since all figures published during the session by the US Energy Information Agency (EIA) were rather favorable at prices
Gasoline reserves also decreased by 2.3 million barrels, as did fuel reserves for heating and diesel of 100,000 barrels.
analyzed as a benchmark for oil prices in New York, WTI crude stocks at the Cushing Terminal refinery (Oklahoma, South) decreased from 1.2 million barrels to 23, 7 million barrels. reaching the lowest level since November 2014.
Regarding production, it has stabilized at a record 11.00 million barrels per day.
"All of these numbers should be sufficient to support crude oil prices at this time, pending any further relapse by Trump on the trade front that could cause fears for the demand for" L & # 39, black gold, "said Robert Yawger.
With information from AFP
Post Views:
850
[ad_2]
Source link
