Oil prices rise with the decline in US drilling operations



Oil prices rose in early trading in Asia Monday with slowing drilling operations in the United States, analysts estimated that the planned US production, which is equal to $ 1.5 trillion uneconomic at the price of $ 50 a barrel or less

And crude oil prices have fallen about 60 percent since June 2014 when global output began to collide with a slowdown in the high growth.

This includes lost more than a quarter since June this year after a sharp slowdown in China has raised concerns about the strength of the global economy.

The price of futures contracts for WTI US mediator to $ 44.84 a barrel, up 16 cents from its level when the last adjustment.

And globally the price of futures contracts for Brent crude to $ 47.60 a barrel, up 13 cents.


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