Oil reduced fourth week

Oil may continue
the longest in nearly two months
fall - still declining due
excess supply on the market of raw materials.
WTI futures fell on Thursday
2,3% to a minimum of six weeks, and today
to 10:30 MSK traded at $ 47.25
a barrel. in Brent
it is currently trading at $ 57.17
a barrel. WTI yesterday's closing cost $ 47.05 a barrel, while Brent - $ 57,09 per barrel.

Media reported that Iran
is in talks to increase the supply
in Asia, if the sanctions will be removed from it -
executives of mining companies in the US
this week trying to convince
the White House and Congress
revoke the ban 40 years ago
on the export of American oil.

Oil loses value
due to growth stocks and production in the United States to
thirty-year highs, it's
exacerbating the fears of investors. Growth
global excess raw materials have fallen off
quotes in the last year by almost 50%. By
Experts estimate that an excess of oil on the
the world market is 1-1.5 million
barrels per day.

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