Oil Prices Leapt eight percent to $ 35 per barrel
Oil Prices Leapt eight percent to $ 35 per barrel, Thursday registered the highest levels in three weeks and away too much about their lowest level in 12 years who hot to him earlier this Middle of the month growing expectations that large producers may cooperate to reduce production. Oil has risen about 30 percent of the lowest level since 2003, for the record earlier in January. Increased the price of Brent $ 2.03 to $ 35.13 per barrel by at 14:25 GMT, to more than six percent after going up 4.1 % on Wednesday. Brent and reached its peak in the meeting at $ 35.84 per barrel, an increase of more than eight percent of the settlement price yesterday, I registered the highest since January sixth. Crude price was increased the sterling $ 1.82 to $ 34.12 per barrel after I finish the previous meeting high 85 cents, or 2.7 percent. And accelerated gains this week by speculated that Russia and you would agree to reduce production. He said the Russian Energy Minister Alexander Novak If Saudi Arabia proposed reducing the production by up to five percent of each state in support of the prices.