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11/19/15
Washington
oil prices rise because of declining inventories reports
Oil prices rose on Wednesday, following reports of declining inventories and increasing the activity of refineries, but analysts said the market will remain under pressure for the end of the year and in 2016. The American Petroleum Institute, on Tuesday last, said that US crude inventories fell by 482 thousand barrels per day for reasons including increased refineries consumption.
This helped hold the earliest maturity for US crude to rise about half a dollar to $ 41.13 a barrel at 0803 GMT, but the gains came after the dollar has fallen more than in the previous session. Official inventory data issued later on Wednesday from the US Energy Information Administration.
Futures rose for Brent more than half a dollar to $ 44.13 for Brmel.ourgem gains edits on Wednesday, most analysts expect prices to remain at low levels for the rest of the year and through 2016 with continued excellence Production on demand.
London
gold continues to climb slight margin
Continued gold rise simple margin, on Wednesday, where reinforced fears of a new bombing in Europe and shooting in Paris tendency to resort to temporary safe havens but a stronger dollar pressured the yellow metal prices, which reached its lowest level in nearly six years earlier during the session.
Tracked silver gold effect which rebounded after falling to its lowest level in two and a half month, while platinum fell to its lowest level in seven years.
rose gold in the spot contracts 0.07 percent to $ 1071.4 per ounce (an ounce) by the time 0752 GMT, after falling to the lowest level since February 2010 at the earlier low of $ 1064.95 an ounce. Gold rose in US futures contracts in December \ December delivery 0.11 percent to $ 1069.7 an ounce. Gold prices fell in 14 of the 16 meetings under the pressure of expectations that the Federal Reserve raises (US central bank) interest rates next month.
Tehran
Iran will unite exchange rates will not turn our currency
Crown God Saif head of Iran's central bank, on Wednesday, said that Iran intends to unify the price reached the official exchange rate and non-formal immediately after the application of the nuclear deal with Western powers because management Price is not important authorities said.
He stated that Iran would like to cut interest rates in line with lower inflation.
Saif The unification of exchange rates will start after almost six months of the entry into force of the end of the 2015 nuclear agreement or early 2016 and the central bank will aim to reduce the fluctuations in the currency but would not manage the market.
He added that while commercial banks announced recently cut interest rates, market prices are still very high.
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