forward contracts of the petrolium, or preserved the level of $ 50 despite the fall of the one percent who suffered on Wednesday after the publication of the Organization of Petroleum Exporting Countries (OPEC) has reached a new maximum historical production and expected to know tomorrow the status of the reserves in the united States.
in Addition, weighed on the market, the recovery of the dollar in the international markets for the third day in a row, added to expectations that the American Petroleum Institute (API) report the first increase in stocks of crude oil in the united States in six weeks when it presents its preliminary figures for inventories later in the session.
At the International Exchange Futures (ICE) in London, the futures Brent for delivery in December fell for the second day in a 1.14 percent, to 51.81 dollars per barrel, away from 53.14 usd it reached on Monday, its highest close in more than a year.
In the meantime, the contract of the WTI benchmark in the united States, falling 1.2 per cent and is traded at 50.18 usd. on the New York Mercantile exchange (Nymex)
earlier, the prices showed slight gains, while the major producers of energy held a new meeting, now in Istanbul, Turkey.
The price of crude oil has climbed more than 13 percent in less than two weeks since the Organization of the Petroleum Exporting Countries (OPEC) reached in principle an agreement in Algeria on their levels of production.
on The 28th of September the members of the organization agreed to limit its average production to 32.5 million barrels per day (mbd), and is now negotiating the share of each one of them, which is expected to formalize in November.
OPEC is also negotiating with other major oil producers, in particular Russia, whose production represents a third of the poster, and the most recent appointment is this Wednesday in Istanbul.
Russian president Vladimir Putin said last Monday that adds to the agreement, which has helped to move forward in its details, he recalled an office of the agency Itar Tass.
The ministerial-level meeting between Russian delegates and Saudi Arabia was the eve, and both are available to analyze several ways of stabilizing the global oil market, said the Russian minister of the area, Alexander Novak the day before.
In 2015 the Russian production of crude oil grew by 1.4 per cent in relation to 2014 for the total amount of 10.726 billion barrels of crude and condensed gas, and last June it arrived to 10 thousand 136 milion barrels.
Just past eight in September Russia overtook the line of 11 million barrels, and on the 20th of the same month came to 11.75 million barrels, said the Russian vice minister of Energy Kirill Molodtsov.
For its part, the Goldman Sachs group noted that there are “great possibilities” of the implementation of the plans of OPEC and other exporters such as Russia to cut the global production of crude oil and balance the market in 2017.
he Also warned that the lack of agreement on the levels of production would lead to a decline in prices to us $ 43 a barrel, as the markets of crude oil still provide a surplus of oil in the fourth quarter of this year.
ahead, the International Energy Agency (IEA) warned that unless that is achieved, and apply the agreement that seeks to OPEC, the current oversupply of crude oil will continue for now until the middle of next year.
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