World oil prices rise on Thursday, 30 June, grow on the data about oil stocks in the us market. Published on the eve of the office of information energy (EIA) of the U.S. Department of energy may indicate a trend to restore the balance between supply and demand on the world market of hydrocarbons.
As of 8.17 in Kiev the cost of the September futures for North sea petroleum mix of mark Brent on London’s ICE Futures exchange was up 1.24% to 50,74 USD per barrel. The price of August futures for oil WTI at auction new York Mercantile exchange (NYMEX) by this time increased by 1% to 49.38 dollars per barrel.
According to official data, commercial oil stocks in the USA last week was reduced by 4,053 million barrels. The index has now declined for the sixth consecutive week – and this is the longest period in more than a year. Oil production in USA is also reduced.
The panic among investors following the decision of the UK to leave the EU, eroding.
The supply of oil in the world has declined due to fires in Canada, strikes in Kuwait and in France, the economic problems in Venezuela and political unrest in Nigeria and Libya. Meanwhile, the demand for fuel in China and India, the largest developing economies in the world, continues to grow.
Support for the oil market have the news from Norway produces 2.1% of global oil), where on 2 July, is preparing a strike of employees of oil and gas industry. The strike, expected to reduce production of “black gold” in the country.
As reported Корреспондент.net, 29 Jun oil also rose in price against the background of the message the American petroleum Institute on the reduction of reserves of “black gold” in the country.
