Oil in abundance and it is still more expensive
Oil prices are rising,
but this growth may be short-lived
due to increased supply and weak
major economic indicators
oil consumers. At 9.17 GMT, futures for
Brent crude rose $ 0.15 - up
$ 102.80 per barrel, while futures for WTI - at
$ 0.25 to $ 93.60.
Brent for August may
fall in price the second consecutive month due
slow economic growth in China
and Europe, while excess
sentence. Investors will not lay
to quote a premium for geopolitical
the risk of not seeing the supply disruptions in
during local wars in Iraq, Libya and
Ukraine. Even the Iraqi province
Kurdistan on the territory of which are
fighting with the Islamists, could send to
export of several parties.
"Kurds suggest at
order and begin to export oil. oil
in excess", - said a senior manager
Commodities markets Philip Futures in Singapore
Avtar Sandhu.
Libya's ambassador to Egypt
Monday asked for foreign aid
for the protection of Libyan institutions,
airports and Natural Resources. USA
considering options for military action
against the Islamists in Syria, but it is
limited air strikes in
Iraq. Ukraine accused Russia of military
invasion, after the Russian
trucks with humanitarian aid
crossed the border. Tuesday will be held
meeting of the Presidents of Russia and Ukraine.
On the eve of the weekly
report on crude oil inventories in the United States interviewed
Reuters analysts suggest that
inventories rose by 1.8 million barrels
last week, and stocks of petroleum products
decreased.
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