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Oil consolidating above $ 50 amid concerns about supplies
11/5/15
London / Reuters
Firmed oil prices above $ 50 a barrel on Wednesday after he jumped three percent yesterday the first Tuesday in light of concerns about supplies from Brazil, Libya and the disruption of pipeline in the United States and the rise of high-risk assets in general because of the hopes to take further economic stimulus measures.
By 1025 GMT, the futures trading for crude International benchmark Brent and US crude December delivery was little changed at 50.59 and $ 47.93 per barrel, respectively.
The Brent ended the previous session up $ 1.75, or 3.6 percent, while US crude rose US $ 1.76, or 3.8 percent settled at first on Tuesday.
The record US crude its highest level since October 13, on Tuesday after closing the Colonial Pipeline pipeline in the United States because of the floods as well as strike-governmental Brazilian Petrobras workers producing oil and the closure of the port of crude for export in Libya.
The Petrobras Strike daily production cut by about 25 percent of Brazil's ninth largest oil producer in the world.
The increased service sector activity in China, the fastest pace in three months in October / October thanks to the growth of new activities, according to a poll showed on Wednesday, which eased some of the concerns of the continuing weakness of the economy with the slowdown in the manufacturing sector.
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11/5/15
London / Reuters
Firmed oil prices above $ 50 a barrel on Wednesday after he jumped three percent yesterday the first Tuesday in light of concerns about supplies from Brazil, Libya and the disruption of pipeline in the United States and the rise of high-risk assets in general because of the hopes to take further economic stimulus measures.
By 1025 GMT, the futures trading for crude International benchmark Brent and US crude December delivery was little changed at 50.59 and $ 47.93 per barrel, respectively.
The Brent ended the previous session up $ 1.75, or 3.6 percent, while US crude rose US $ 1.76, or 3.8 percent settled at first on Tuesday.
The record US crude its highest level since October 13, on Tuesday after closing the Colonial Pipeline pipeline in the United States because of the floods as well as strike-governmental Brazilian Petrobras workers producing oil and the closure of the port of crude for export in Libya.
The Petrobras Strike daily production cut by about 25 percent of Brazil's ninth largest oil producer in the world.
The increased service sector activity in China, the fastest pace in three months in October / October thanks to the growth of new activities, according to a poll showed on Wednesday, which eased some of the concerns of the continuing weakness of the economy with the slowdown in the manufacturing sector.
[You must be registered and logged in to see this link.]
