World oil prices resume rise

15/03/2017 11:05 | Number of Views: 75

Direction Press

Oil prices are clearly resumed its rise in Asia, Wednesday, benefiting from estimates about the sudden decline in the US inventory of crude oil and clarifications about Saudi production.

And about 04.15 pm GMT, the price of light sweet crude rose (light sweet infraction,) US reference crude 84 cents to 48.56 dollars in electronic trade in Asia.

Also it won the price per barrel of Brent North Sea oil European Reference May delivery 77 cents, to $ 51.69.

And resumed prices rise with the publication of the special body, "the Institute of American oil," estimates (American Petroleum Aanstiiot), which pointed to a weekly decline in weekly inventories of 531,000 barrels, versus expectations of an increase of 3.5 million barrels.

The US stocks put an indication of demand in the biggest oil consumer in the world.