Crude rises 2% with the rise of US gasoline futures
06.10.2015
Crude oil prices closed higher more than two percent, supported by a rally in US gasoline futures and Russia's willingness to meet with other oil producers to discuss the market.
And derived oil and other commodities additional support from rising US stock prices.
And determine the settlement price for Brent crude global measurement at $ 49.25 a barrel, up 1.12 dollars and the equivalent of 2.3 percent.
And it offers measurement US West Texas Intermediate crude 72 cents, or 1.6 percent, to close at $ 46.26.
And gasoline rose about three percent, bringing the price of crude and other fuels.
Donovan House Realtor I have to Koidta Energy said in New York "fuel products leading the way today, but it also seems to derive its strength from the risk appetite thanks to the stock rally."
Russia, which is one of the three largest producers of oil in the world and said it was ready for the meeting of the OPEC crude producers and abroad to discuss the market in the case of an invitation to a meeting like this. He said Russian Energy Minister Alexander Novak said a separate meeting between the Russian and Saudi officials, the decision to him the end of October.
Although these indicators that predict higher prices, some analysts warn of renewed pressure on oil from the US government data this week that may show further increases in crude stocks.
It is expected that "the US crude stocks rose last week for the second week in a row where speculation to increase 1.8 million barrels on average for the week ending on the second of October."
The US Energy Information Administration, which announced the official weekly inventory data on Wednesday said in its last report that inventories rose about four million barrels in the week ending September 25. It ended 29 quarters e
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06.10.2015
Crude oil prices closed higher more than two percent, supported by a rally in US gasoline futures and Russia's willingness to meet with other oil producers to discuss the market.
And derived oil and other commodities additional support from rising US stock prices.
And determine the settlement price for Brent crude global measurement at $ 49.25 a barrel, up 1.12 dollars and the equivalent of 2.3 percent.
And it offers measurement US West Texas Intermediate crude 72 cents, or 1.6 percent, to close at $ 46.26.
And gasoline rose about three percent, bringing the price of crude and other fuels.
Donovan House Realtor I have to Koidta Energy said in New York "fuel products leading the way today, but it also seems to derive its strength from the risk appetite thanks to the stock rally."
Russia, which is one of the three largest producers of oil in the world and said it was ready for the meeting of the OPEC crude producers and abroad to discuss the market in the case of an invitation to a meeting like this. He said Russian Energy Minister Alexander Novak said a separate meeting between the Russian and Saudi officials, the decision to him the end of October.
Although these indicators that predict higher prices, some analysts warn of renewed pressure on oil from the US government data this week that may show further increases in crude stocks.
It is expected that "the US crude stocks rose last week for the second week in a row where speculation to increase 1.8 million barrels on average for the week ending on the second of October."
The US Energy Information Administration, which announced the official weekly inventory data on Wednesday said in its last report that inventories rose about four million barrels in the week ending September 25. It ended 29 quarters e
[You must be registered and logged in to see this link.]