Brent crude jumps to $ 53 a barrel 10/9/2015 Read More :http://www.dinarupdates.com
Brent crude jumps to $ 53 a barrel
Oil prices jumped to their highest level in three months after he speculated PIRA Energy Group energy consultancy access prices to $ 75 a barrel over the next two years. And stepped up futures contracts for crude International benchmark Brent crude $ 1.72 to $ settled at US $ 53.05 a barrel.
The futures of the US light crude, closing up 1.62 percent at $ 49.43 a barrel.
It is said that Iraq's second oil exporter among OPEC countries that cover 40% of members of the world's need for oil, but Iraq's exports fell in September to 3.052 million barrels a born tremendous pressure on government spending to cover the costs of the war on the organization Daash and the payment of operating expenses and salaries. adopts the Iraqi state by about 90% on oil revenues in the construction of public finance budgets.