Falling oil prices because of expectations of higher us stock
2015/04/21
Oil prices fell Tuesday, with expectations for a rise in us inventories, with Saudi Arabia produced near record levels are high, but prices remain near peak in 2015 and recorded last week.
Crude prices jumped about 16 percent since the beginning of April because of the growing concern of conflict in Yemen.
The us Navy said on Monday, it sent an aircraft carrier and a cruiser rockets face into the water near Yemen.
Found price support also speculated lower production after the number of oil rigs in the United States to their lowest levels since the year 2010, but a preliminary survey for Reuters showed that crude stocks are expected to rise in the us trade by 2.4 million barrels last week to increase for the 15th consecutive week.
By 2: 07: 06 GMT, falling price of Brent blend futures delivery June 47 cents to 62.98 dollars per barrel after settling at the settlement on Monday.
Us crude fell in May the circulation later in the day, 54 cents to 55.84 dollars a barrel after rising 64 cents when the settlement yesterday. Finished/25 t
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2015/04/21
Oil prices fell Tuesday, with expectations for a rise in us inventories, with Saudi Arabia produced near record levels are high, but prices remain near peak in 2015 and recorded last week.
Crude prices jumped about 16 percent since the beginning of April because of the growing concern of conflict in Yemen.
The us Navy said on Monday, it sent an aircraft carrier and a cruiser rockets face into the water near Yemen.
Found price support also speculated lower production after the number of oil rigs in the United States to their lowest levels since the year 2010, but a preliminary survey for Reuters showed that crude stocks are expected to rise in the us trade by 2.4 million barrels last week to increase for the 15th consecutive week.
By 2: 07: 06 GMT, falling price of Brent blend futures delivery June 47 cents to 62.98 dollars per barrel after settling at the settlement on Monday.
Us crude fell in May the circulation later in the day, 54 cents to 55.84 dollars a barrel after rising 64 cents when the settlement yesterday. Finished/25 t
[You must be registered and logged in to see this link.]