Oil prices are clear on Thursday
gone up. One barrel (159 liters) of the North Sea Brent
Delivery in June was $ 26.76 in the morning. That was 2.02
Dollars more than the previous day. The price for a barrel of the US grade WTI
rose $ 1.45 to $ 21.76.
Oil prices were supported by reports from China. The country
wants to use the currently low oil prices to the state
Stocking up oil reserves, the Bloomberg news agency reported
relying on informed circles.
It had already become known the day before that Russia was the
Oil production in the course of the price war apparently did not increase any further
want. This had the Bloomberg news agency citing
Russian government circles reported. Saudi Arabia had that
Production recently expanded to around 12 million barrels a day.
Market observers also reported that the kingdom was only one
Reduction of production ready when all major oil nations join
participate in it. US President Donald Trump had over the course of the
Week announced in the price war between Saudi Arabia and Russia
want to convey.
Market observers still see no signs of relaxation
on the oil market. Oil reserves in the United States have recently been unexpectedly strong
increased. The world could therefore, according to the British
Market research institute IHS Markit until the middle of the year none
Have more storage capacity for crude oil. In Canada
this state, according to the US bank Goldman Sachs, in three weeks
reached. According to market observers, some companies have already
thought about surpluses in railroad cars too
store./ssc/jkr/jha/
AXC0091 2020-04-02 / 08: 07
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