Monday, January 30, 2017

Falls of the oil to increase drilling in the US – Prensa Latina

January 30, 2017 07:48London, 30 jan (PL) The price of oil dropped today slightly before the ascent of the drilling in the united States, which will affect the market, even sobreabastecido despite the attempts of the OPEC to reduce the global stockpile.

Brent traded at 55,26 dollars per barrel, while light crude american made 53,09 dollars per barrel.

According to the signature of the industry Baker Hughes, oil rigs active in the northern kingdom reached the previous week maximum since November of 2015, which showed that the companies of the country take advantage of the prices of crude oil by about $ 50 per barrel.

Since the entry into force of the agreement of the Organization of Petroleum Exporting Countries (OPEC), the price of crude oil remain stable, although they do not exceed 60 dollars per barrel.

The deal between the cartel and other producers not members contemplated the reduction of 1.8 million barrels a day to reduce the global inventories in two years.

The basket of OPEC traded Friday at 52,88 us dollars, which represented a loss of three cents of a dollar with respect to the end prior, reported the cartel.

lam/tdd

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