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Oil prices rise slightly after an international report on the reduction of production in America
She said international reports, on Saturday, said that a slight increase in the price of oil marked the end of the week, it may be related to a decrease production levels in North America, amid OPEC refused to cut production.
Oil prices ended the futures this week, at an altitude of stop losses series lasted seven weeks with the ascent on Friday, according to Reuters.
And stepped up US light crude futures for February to February of $ 2.44 or the equivalent of 5.28 percent to a record at the settlement of $ 48.69 a barrel.
Brent crude rose contracts for March delivery - March to $ 1.90 or 3.94% to $ 50.17 a barrel.
Although oil gains this week, but analysts rule out that prices are recovering strongly soon in light of the global supply glut in front of weak demand.
The IEA said that "the market may continue descent before recovering, but there are already signs that the decline in prices has led to a reduction in production in some regions, including North America.
The agency said in its monthly report, released on Friday, "No one knows the minimum that will reach the market, but the decline has an impact, may not be the price recovery is imminent unless any major disruptions occur but are increasing signs that the path to change.
She added that "restore the balance (in the market) may begin in the second half of the year."
Oil prices have fallen about 60 percent since June to June with a rise in production around the world for more than demand at a time of weakness in global economic growth.
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