Brent crude rises to $ 51.78 a barrel


 

History of edits:: 5/10/2016 16:4731 visits readable
{International: Euphrates News} Oil prices rose on Wednesday to their highest level since June after a report of a possible drop in US stocks for the fifth consecutive week.
Was trading combination “Brent” Universal at $ 51.78 a barrel, up 89 cents or 1.75 percent from the last adjustment.
While West Texas Intermediate crude rose by 82 cents or 1.68 to $ 49.51 a barrel. ”

He said the American Petroleum Institute on Tuesday , stocks US crude fell by 7.6 million barrels per day, which represents a decline for the fifth consecutive week if confirmed by the US energy Information administration , which will be issued on Wednesday the data.

If the US crude stocks fell again , it will bolster the view that the oversupply of crude, which put pressure on prices since 2014 has been waning.
However , the American Petroleum Institute data do not always match comes to theenergy Information administration data to be published later on Wednesday. analysts expect crude oil stocks rose 2.6 million Brmel.anthy

 http://alforatnews.com/modules/news/article.php?storyid=128939

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