Tuesday, January 3, 2017

The price of a barrel of Brent oil fell by $3 – RBC

the cost of the futures on Brent crude for delivery in March 2017 during evening trading on the exchange ICE retreated from daily highs, losing at the peak of falling almost $ 3.

At a minimum price of a barrel of Brent fell to $ 55,39 that $ 2.99 is lower than that of the first in 2017 and the bidding is the worst figure since December 27, 2016.

the Fall in oil prices has led to a reversal of exchange rates on the Moscow stock exchange, interrupting a trend seen in all day the ruble. As a result, the dollar rate returned to the level of 61 rubles, and the Euro, falling during the day to RUB 62,5975, rose on the ruble.

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the Morning the rising oil prices analysts linked with the statements of the representatives of Kuwait and Oman on the reduction of oil production in the framework of the concluded in December 2016 OPEC agreements with non-cartel countries.

Evening drop in oil prices experts explain the sharp strengthening of the dollar exchange rate is a basket of international currencies made up on Tuesday, the high in 2002. In particular, the Euro-dollar exchange rate fell to $ 1,0341 per Euro, was the lowest value since the beginning of January 2003.

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