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Oil up to $ 48.09 a barrel
2015/9/29 16:08
{International: Euphrates News} Oil prices rose during trading on Tuesday, although investors worried that the impact of the slowdown of the Chinese economy on global growth.
By 15:21 Moscow time the combination "Brent" rose in futures contracts for delivery in November by 72 cents, 1.58%, to $ 48.09 a barrel.
And it stepped futures US crude for delivery in November increased by 73 cents by 1.62% to $ 45.14 a barrel.
A group} {Barclays banking services in the analytical memorandum, "We believe that raw materials such as oil and copper prices approaching normal rates, but limited growth in demand and competition between producers can put pressure on for some time."
And affect the economic slowdown in China's first energy consumer in the world demand for oil, and contributes to the low prices.
She economic data released on Monday that industrial profits in China's second-largest economy in the world fell during the month of August / August last by 8.8% compared with the same month last year, as the industry earnings of the month of January fell to August / August by 1.9%.
In a related development, Chief Executive Officer expect the International Energy Agency Fatih Birol, the price of crude oil stays around $ 45 a barrel for a long time.
In response to a question by an Austrian newspaper conducted the interview with the Executive Director on whether there is a possibility because the prices exceed the level of $ 100 a barrel again, Birol said, "I can only say that the price of oil will remain low for a couple of seasons." Ended h
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2015/9/29 16:08
{International: Euphrates News} Oil prices rose during trading on Tuesday, although investors worried that the impact of the slowdown of the Chinese economy on global growth.
By 15:21 Moscow time the combination "Brent" rose in futures contracts for delivery in November by 72 cents, 1.58%, to $ 48.09 a barrel.
And it stepped futures US crude for delivery in November increased by 73 cents by 1.62% to $ 45.14 a barrel.
A group} {Barclays banking services in the analytical memorandum, "We believe that raw materials such as oil and copper prices approaching normal rates, but limited growth in demand and competition between producers can put pressure on for some time."
And affect the economic slowdown in China's first energy consumer in the world demand for oil, and contributes to the low prices.
She economic data released on Monday that industrial profits in China's second-largest economy in the world fell during the month of August / August last by 8.8% compared with the same month last year, as the industry earnings of the month of January fell to August / August by 1.9%.
In a related development, Chief Executive Officer expect the International Energy Agency Fatih Birol, the price of crude oil stays around $ 45 a barrel for a long time.
In response to a question by an Austrian newspaper conducted the interview with the Executive Director on whether there is a possibility because the prices exceed the level of $ 100 a barrel again, Birol said, "I can only say that the price of oil will remain low for a couple of seasons." Ended h
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