Home
Falling oil prices, after rising last week
Monday, February 2, 2015
[Follow-where]
Crude oil prices fell on Monday after he called for an American labor unions to strike in a number of oil refineries has led to reduce some of the gains made late last week.
The price of oil has risen the end of last week by more than 8% due to a sharp decline in drilling operations in the United States.
Asian markets opened on news strike in US refineries may reduce demand for crude oil in the coming days.
He called on workers in the steel of the United States of the Union to strike at nine US refineries Sunday to reach a new agreement covering workers in 63 refinery, representing two-thirds of Energy US refineries, and so, according to a source familiar with the union's plans, this will be the first strike in support of a deal a year ago 1980.
By 11:26 pm Moscow time futures contracts fell ore "Brent" 2.42% or $ 1.28, to $ 51.71 a barrel, while futures contracts for WTI recorded a median of $ 46.93 down to $ 1.31 a barrel.
In spite of the potential drop in US oil production could raise the market over the medium term, analysts said that "the decline in prices on Monday was a result of the profit-taking in the wake of gains that occurred last week in addition to the increase," OPEC "production, which offset the decline exploration operations in US Altdh.anthy
[You must be registered and logged in to see this link.]
Monday, February 2, 2015
[Follow-where]
Crude oil prices fell on Monday after he called for an American labor unions to strike in a number of oil refineries has led to reduce some of the gains made late last week.
The price of oil has risen the end of last week by more than 8% due to a sharp decline in drilling operations in the United States.
Asian markets opened on news strike in US refineries may reduce demand for crude oil in the coming days.
He called on workers in the steel of the United States of the Union to strike at nine US refineries Sunday to reach a new agreement covering workers in 63 refinery, representing two-thirds of Energy US refineries, and so, according to a source familiar with the union's plans, this will be the first strike in support of a deal a year ago 1980.
By 11:26 pm Moscow time futures contracts fell ore "Brent" 2.42% or $ 1.28, to $ 51.71 a barrel, while futures contracts for WTI recorded a median of $ 46.93 down to $ 1.31 a barrel.
In spite of the potential drop in US oil production could raise the market over the medium term, analysts said that "the decline in prices on Monday was a result of the profit-taking in the wake of gains that occurred last week in addition to the increase," OPEC "production, which offset the decline exploration operations in US Altdh.anthy
[You must be registered and logged in to see this link.]
