Oil rises again to $ 51.07 a barrel
Thursday, 03 September, 2015
Oil prices rose on Thursday, after it was dragged down by a sudden increase in US stock levels.
It rose blend “Brent” in the price of futures contracts for delivery in October / October by 59 cents a rate of 1.14% to $ 51.07 a barrel, after he had dropped earlier in the day by about 20 cents to $ 50.30 a barrel.
And stepped up US crude futures for delivery in October / October by 82 cents a rate of 1.77% to $ 47.08 a barrel, after falling in earlier trading to $ 45.65.
Data from the US Energy Information Administration on Wednesday showed crude oil stocks in the United States increased by 4.7 million barrels last week, the largest weekly increase since April / April last.
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Thursday, 03 September, 2015
Oil prices rose on Thursday, after it was dragged down by a sudden increase in US stock levels.
It rose blend “Brent” in the price of futures contracts for delivery in October / October by 59 cents a rate of 1.14% to $ 51.07 a barrel, after he had dropped earlier in the day by about 20 cents to $ 50.30 a barrel.
And stepped up US crude futures for delivery in October / October by 82 cents a rate of 1.77% to $ 47.08 a barrel, after falling in earlier trading to $ 45.65.
Data from the US Energy Information Administration on Wednesday showed crude oil stocks in the United States increased by 4.7 million barrels last week, the largest weekly increase since April / April last.
[You must be registered and logged in to see this link.]