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Categorized | Crude Oil Price

The price of crude oil will reach 82 USD per barrel

Crude Oil EarthThe week started with the growth in oil prices. The reason for this is mainly speculation that OPEC’s new measures to curtail production will lead to a reduced supply of raw material. At the time of high interest are expected consumer confidence data in the U.S., which will be published tomorrow. Estimates for the improvement of the indicator, which can also lead to an increase in oil prices because of expectations that positive attitudes will be conveyed in the corporate sector. This morning American barrel light crude oil is traded with a growth of 0,5 per cent on Friday, as the quotations are close to 82 dollars per barrel. Last week, black gold has managed to rise by 2,3 per cent on Friday as only the price of oil has increased with 1,3 percent, reminds Bloomberg.
Electronic platform of the London Stock Exchange this morning with brand delivery barrel in April is quoted at 80.40 dollars a barrel, which is by 0,7 percent more than the closing price on Friday.

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