MOSCOW, August 22 -. RIA Novosti / Prime World oil prices show a negative trend on Monday due to the statistics of the US oil service company Baker Hughes, according to which the number of the US drilling rigs for the past week has increased, according to the auction
As at 06.31 MSK cost of the October futures for North Sea petroleum mix of mark Brent fell by 1.42% -. to 50.16 dollars per barrel, while the price of September oil futures of WTI decreased by 1.14%, to 48.55 dollars per barrel.
according to Baker Hughes, for the end of the week in the number of US rigs ended August 19 increased by 10 units, or 2.07%, to 491 units. In annual terms, a decline of 394 units or 44.5%. The amount of oil rigs increased by 10 units, or 2.52%, to 406 units. The indicator for the first time exceeded 400 units in February this year. The number of gas-producing plants has not changed and amounted to 83 units
“There are many conflicting factors at the moment, and prices are expected to change in the OPEC meeting the threshold” -. The newspaper The Wall Street Journal opinion bank analyst OCBC Ghana Barnabas (Barnabas Gan).
The growth expectations of the meeting of OPEC member countries at a forum in Algiers in September to discuss a possible “freezing” the level of oil production earlier caused a strong increase in prices for “black gold”. So, against the backdrop of Brent oil price data communications rose above the psychological mark of $ 50 per barrel. However, many market participants have concluded that the talk of “freezing” of production do not materialize over time
“It seems that the producers simply rant” -. Said the publication of analyst at National Australia Bank Vienn Lai (Vyanne Lai) .
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