Oil consolidating near $ 57 a barrel




2017-02-06 16:24:00 | (Voice of Iraq) - Alsumaria News / Baghdad

The cohesion of oil near $ 57 a barrel on Monday, as limited Abundant stocks and signs that high prices will revive US production of the impact of the growing tensions between the United States and Iran.


Data showed on Friday that US energy companies said drilling platforms for oil exploration thirteenth week during the 14 weeks.



In spite of OPEC production cuts, US crude inventories rose more than expected last week.


By 1000 GMT was trading global London Brent crude price of $ 56.75 a barrel , down six cents , where it was trading in a narrow range does not exceed 46 cents, US crude rose to $ 53.87 , up four cents.

Link