Oil prices rise 4% and Brent above $ 50 a barrel 06.30.2016
Oil prices rise 4% and Brent above $ 50 a barrel
06.30.2016 at 08:19 (Baghdad time)
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Oil prices rose four percent as Brent exceeded the psychological level of $ 50 a barrel at the settlement after a government report showed the biggest expectations in US crude stockpiles declined.
It was the second day of gains in a row of oil, which jumped nearly eight percent since the settlement on Monday to make up for lost almost everything after the UK vote in favor of the traumatic exit from the European Union.
Crude and got support from easing concerns about Britain's exit While foreshadowing a possible strike in Norway and the crisis in Venezuela shrinking supplies.
The US Energy Information Administration said that "crude stocks dropped by 4.1 million barrels in the week that ended on 24 June, falling for the sixth straight week. Analysts' forecasts point to a drop of 2.4 million barrels."
The futures rose to global crude measurement Brent of $ 2.03 or 4.2 percent to settle at 50.61 dollars a barrel.
US crude to $ 2.03 , or 4.2 percent , and increased to $ 49.88 a barrel at the settlement , after rising to $ 50 during the session. Ended http://www.mawazin.net/%D8%A7%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%AA%D8%B1%D8%AA%D9%81%D8%B9-4-%D9%88%D8%A8%D8%B1%D9%86%D8%AA-%D9%8A%D8%AA%D8%AC%D8%A7%D9%88%D8%B2-50-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7-%D9%84%D9%84%D8%A8%D8%B1%D9%85%D9%8A%D9%84