On Friday morning the price of oil fell under the influence of a strengthening dollar.
At 8:10 am the cost of July futures for North sea petroleum mix of mark Brent decreased 0.52 per cent to 47.83 per barrel. June futures for WTI crude oil became cheaper by 0.73 percent to 46,36 per barrel.
According to market analysts, the strengthening of the us dollar due to expectations of investors of statistics on the volume of oil sales from the United States. Today will be presented a report of the Ministry of trade of the country’s retail sales of oil in April. Tonight will also be published data of the us oil service company Baker Hughes on the number of drilling rigs in the United States.
In addition, will be published index of consumer sentiment, University of Michigan, reports RIA Novosti news Agency. The index reflects the degree of confidence of households to the U.S. economy.
