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Moscow. January 8th. INTERFAX.RU – Oil prices, increases in early trading, the trend changed and shifted to lower, reports Bloomberg.
February futures for Brent crude on London’s ICE Futures Exchange to 17:43 in Moscow have fallen in price at $ 0.20 (0.39%) – up to $ 50.95 per barrel.
The price of WTI crude oil futures for February to trading on the New York Mercantile Exchange (NYMEX) decreased by this time to $ 0.10 (0.21%) – up to $ 48.55 per barrel.
Earlier in the trading of oil rose in price on the US Department of Energy data on the reduction of stocks of fuel in the US over the past week by 3.06 million barrels, while analysts surveyed by Bloomberg expected an increase reserves by 700 thousand. Barrels.
According to the analyst Astenbeck Capital Management Andrew Hall, the “bottom” for the oil market is a level of $ 40 per barrel. He noted the high probability of increasing the share prices in the second half of this year.
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