empty
 
 
sp
Soporte
Apertura instantánea de la cuenta
Plataforma comercial
Depositar/Retirar

17.01.201912:47 Forex Analysis & Reviews: Oil becomes cheaper against the background of record production in the US

Análisis a largo plazo

Exchange Rates 17.01.2019 analysis

Oil quotes are reduced after the publication of reports by the US Department of Energy on the approach of oil production in the country to a record level of 12 million barrels per day.

On Thursday, as of 10:47 London time, the price of Brent crude oil fell by 0.90% to $ 60.77 a barrel, WTI crude oil lost 1.05% of its value, falling to $ 51.76 a barrel.

The Energy Information Administration (EIA) reported yesterday that US oil production for the week ending January 11 reached a record high of 11.9 million barrels per day.

Since the beginning of the year, oil production in the United States has increased by 2.4 million barrels per day, which raises serious concerns about the oversaturation of the market.

In addition, market participants are also concerned about the decline in oil demand due to the slowdown in the global economy, which, according to some experts, could lead to a global recession.

At the same time, the collapse of oil prices is hampered by an agreement to reduce the production of the largest oil-producing countries of OPEC and the states that joined it, including Russia.

Roman Agafonov,
Analytical expert of InstaSpot
© 2007-2024
Benefíciese de las recomendaciones de los analistas ahora mismo
Recargue su cuenta de operaciones
Abra una cuenta de operaciones

¡Los informes analíticos de InstaSpot lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaSpot, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.

¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.