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Oil prices recorded a decline in Asia
09.10.2015 at
Oil prices fell in Asia on Thursday, before a US report on energy includes indicators on production and demand in the biggest oil consumer in the world.
And dropped the price of a barrel of oil in October the first light-October delivery 65 cents to $ 43.50. The barrel of Brent North Sea oil, the European benchmark crude October October was also the first delivery fell 76 cents to $ 46.82.
It will be issued and the US Department of Energy's weekly report Thursday to delay any one day because of the holiday on Monday, and analysts expect a rise in commercial oil inventories increased by 250 000 barrels in the week ended on the fourth of September, as reported by Bloomberg News.
At the same time ,, the Ministry of Energy in a report published on Wednesday predicted that the production decline middle of next year in the face of low prices, before resuming increase at the end of 2016 with the expected rise in prices.
The US production was down 140 thousand barrels per day in August than in July. The government in 2015 lowered its estimates of the volume of output to 9.2 million barrels per day in the same month, less than a hundred thousand barrels expectations issued a month ago.
However, the US is expected to be in total output this year, the largest since 1972.
Investors also follow the US Federal Reserve's plans for interest rates ahead of a meeting to be convened next week amid speculation the announcement from raising these rates.
And any increase in interest rates will push prices up and the dollar would make oil more expensive for brokers who deal in currencies weaker. It ended 29 quarters e
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09.10.2015 at
Oil prices fell in Asia on Thursday, before a US report on energy includes indicators on production and demand in the biggest oil consumer in the world.
And dropped the price of a barrel of oil in October the first light-October delivery 65 cents to $ 43.50. The barrel of Brent North Sea oil, the European benchmark crude October October was also the first delivery fell 76 cents to $ 46.82.
It will be issued and the US Department of Energy's weekly report Thursday to delay any one day because of the holiday on Monday, and analysts expect a rise in commercial oil inventories increased by 250 000 barrels in the week ended on the fourth of September, as reported by Bloomberg News.
At the same time ,, the Ministry of Energy in a report published on Wednesday predicted that the production decline middle of next year in the face of low prices, before resuming increase at the end of 2016 with the expected rise in prices.
The US production was down 140 thousand barrels per day in August than in July. The government in 2015 lowered its estimates of the volume of output to 9.2 million barrels per day in the same month, less than a hundred thousand barrels expectations issued a month ago.
However, the US is expected to be in total output this year, the largest since 1972.
Investors also follow the US Federal Reserve's plans for interest rates ahead of a meeting to be convened next week amid speculation the announcement from raising these rates.
And any increase in interest rates will push prices up and the dollar would make oil more expensive for brokers who deal in currencies weaker. It ended 29 quarters e
[You must be registered and logged in to see this link.]
