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Oil climbs after falling number of US oil production platforms for the fifth week
10/3/15
Baghdad / follow-up Baghdadiya News / ... rose Mazih Brent crude, on Friday, to $ 48.13 a barrel, while US crude rose to $ 45.54 a barrel.
She said, "Reuters" that crude oil prices offset losses incurred earlier in the day Friday and rose one percent or more after a report showing decline in the number of drilling oil rigs operating in the United States for the fifth consecutive week, triggering a renewed debate about the decline in production greater oil consumer in the world.
And the impact of oil initially weaker outlook on jobs data in the United States and other economic data as well as the risk of decline on oil installations on the east coast of the United States because of the hurricane Joaquin.
Later in the weekly survey conducted by Baker Hughes oil services company showed that "US energy companies this week reduced the number of oil drilling rigs by 26. This is the largest weekly reduction in the number of platforms since April."
And it transformed the data direction of crude prices, which had dropped about one percent earlier.
The price of the global Brent crude 44 cents, or about one percent at the settlement to $ 48.13 a barrel.
US crude, or 80 cents, and increased by 1.8 percent to $ 45.54 a barrel.
During the entire week, Brent lost about one percent, while US crude declined Tefev.anthy 21 / b
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10/3/15
Baghdad / follow-up Baghdadiya News / ... rose Mazih Brent crude, on Friday, to $ 48.13 a barrel, while US crude rose to $ 45.54 a barrel.
She said, "Reuters" that crude oil prices offset losses incurred earlier in the day Friday and rose one percent or more after a report showing decline in the number of drilling oil rigs operating in the United States for the fifth consecutive week, triggering a renewed debate about the decline in production greater oil consumer in the world.
And the impact of oil initially weaker outlook on jobs data in the United States and other economic data as well as the risk of decline on oil installations on the east coast of the United States because of the hurricane Joaquin.
Later in the weekly survey conducted by Baker Hughes oil services company showed that "US energy companies this week reduced the number of oil drilling rigs by 26. This is the largest weekly reduction in the number of platforms since April."
And it transformed the data direction of crude prices, which had dropped about one percent earlier.
The price of the global Brent crude 44 cents, or about one percent at the settlement to $ 48.13 a barrel.
US crude, or 80 cents, and increased by 1.8 percent to $ 45.54 a barrel.
During the entire week, Brent lost about one percent, while US crude declined Tefev.anthy 21 / b
[You must be registered and logged in to see this link.]
