The signal-to-noise ratio of version 3%, oil head to raise prices in the past week



Last week, oil prices rose 1.3% WTI oil Brent 1.7% sprint



Future oil contract enhanced help oil prices began in the past week in sixty days, the president of the United States on the meeting between Donald Trump and North Korean leader, making some investors to geopolitical risks from the image elements in the letter to MarketWatch oil market.

The number of petroleum drilling information also helps to support oil prices in the United States for the first time in seven weeks of decline.

Sixth days of the end of the transaction, the contract of April WTI light sweet crude floor NYMEX $1.92 (US $62.04 / barrel 3.2%), increased by moving speed reduced to 1.3% this week.

Although the May contract Brent London the floor plus $1.88 ($65.493% / barrel) recording speed, and increased 1.7% this week. On Friday, WTI contract Brent oil and oil are the lowest since record level off / February 2018.

The oil price responses and positive information, in the last fifty days, President trump accepted the invitation to meet with North Korean leader Kim Jeong-Eun

The future of oil contract to witness a week full of change, when oil prices fell after the U.S. energy information agency data from previous versions (EIA) said that 24 thousand barrels of oil reserves across the output and domestic high-level crossing record in 2018 / 03 / 02 weeks. At the end of the day.

Analysts warned that oil prices do not get rid of the potential risks.

However, on Friday, the number of data from the Beck Hughes drilling oil active in the United States in 796 years to reduce Taiwan after 4 weeks have the ability in the future yield will be reduced. This is the first week of decline in the seventh week of drilling in the United States.

The deal also on Friday, the contract will be in April 2% aerodynamic noise of $1.904 a gallon and nearly 0.2% this week. Heating oil contracts will be $1.887 / gallon in April 1.5% while recording 0.4% weeks increased.

At the same time, natural gas trading contract, 0.9% April $2.732 / MMBtu back down, but still an increase of 1.4% in the past week.

No comments

Powered by Blogger.