The price of WTI crude oil during the bidding updated at least once on a stronger dollar, concerns over China’s economy and other macroeconomic negative, according to the auction Interkontinetalnoy Exchange. As of 22:27 MSK the price of oil WTI (West Texas Intermediate) was $ 42.24 per barrel – it fell to 2.509%. As of 21:08 MSK cost of September futures for WTI crude oil fell by 2.8% – to $ 42.12 per barrel. Previously, she has broken down the mark of $ 42 a barrel – at least from 9 March 2009, reaching $ 41.99 per barrel.
Recall, the International Energy Agency (IEA) in its August report on the state of the oil market has improved the forecast for global demand for this raw material in 2015 at 0.2 million barrels per day compared with the previous estimate. Now, the IEA expects demand will average 94.2 million barrels per day. In 2014 the figure was 92.6 million barrels per day. Thus, consumption growth for the year could reach 1.6 million barrels per day. This is a significant jump in demand over the last five years, the agency said.
For more information about the IEA forecast, read the material “b” “Oil is growing in forecasts».
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