Oil ends the week lower following the increase drilling rigs

2016/7/23 14:29

[Where - Follow-up]

World oil prices closed marginally, low, due to the increased number of drilling rigs in the United States.

By 21:06 Moscow time, there were crude benchmark price of Brent Bryant around 45.41, down by 1.73%, after hitting down a morning arrived to $ 45.19 a barrel, the lowest level interface since May 11 / May last, as the crude price of West Texas dropped mediator 1.63%, to $ 44.02 a barrel.

This drop comes after data showed the company [Baker Hughes] America, according to the results of the work week ending July 22, the number of drilling rigs, has increased in the United States by 15 platform for up to 462 platform.

Crude prices also fell after reports that Iraq plans to increase oil exports through July, in addition to high inventory levels in the United States, despite the evidence of abating. As well as a rise in the dollar to its highest level in more than four months the price.