Home Amaze The cost of a barrel of oil fell below the psychological mark...

The cost of a barrel of oil fell below the psychological mark of

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Per barrel of Brent oil today, February 6, offered below 62 dollars. Reports replyua.net about it there is a speech in results of trading on the ICE Futures Europe exchange. According to information of 10:30 Moscow time the price per barrel of Brent oil was equal to 61,76 dollars, which is 1.39% lower than the previous auction closing. Experts say that the price of oil began to decline on concerns about global growth. In particular, the negative Outlook put pressure on investor sentiment.

The American petroleum Institute (API) showed growth of stocks in the United States, despite the growth of production at American refineries. Including, throughout the week, stocks rose by 2.5 million barrels – up to 448,2 million. Analysts, in turn, believed that reserves will grow by 2.2 million barrels.

Earlier it became known that in late January, USA announced the introduction of sanctions against Venezuelan oil company PDVSA, which is controlled by the government, limiting thus vital for Venezuela’s exports.

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