The price of crude oil again over 84 USD per barrel
The crude oil back above the level of 84 dollars a barrel and more expensive for a second day today after data from the American Petroleum Institute yesterday showed that inventories of crude oil in the country fell unexpectedly by 741 thousand barrels last week. Good financial results of several large U.S. companies from financial, technological and consumer sector also supported the positive investor sentiment about economic recovery, which would increase energy demand for raw materials sent Bloomberg. U.S. light crude oil is traded on the New York Petroleum Exchange, more expensive by 0.7 percent to 84.41 dollars a barrel in today’s times of e-commerce. The price of the June oil futures rose 72 cents to finish yesterday’s session at the level of 83.85 dollars a barrel. Oil with delivery in May, whose futures expired yesterday, rose $ 2 to 83.45 dollars a barrel. Meanwhile, the International Petroleum Exchange in London Brent crude supply in June with more expensive by 0.7% to 85.40 dollars a barrel in electronic trading today. The June futures ended yesterday oil session to increase the price of 57 cents, or 0.7 percent, to 84.80 dollars a barrel.
For lifting the price of energy and raw materials contribute the news that the airspace over Europe is gradually opened, which means that air traffic over the continent could soon be fully recovered, and this will increase demand for fuels. Today we expect the data of the Ministry of Energy, U.S. crude oil reserves of the country that are more complete than those of the American Petroleum Institute, it covers all refineries in the country. Economists say they will show a decline in oil reserves of 750 thousand
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