Oil prices rose nearly 6% off while investors speculate-o pek achieve good capacity late this cynical.U.s. markets in advance of crude oil contracts. Market close today, rising 5.8%, lifted from that into the tap level lowest in several months. Driven by a forecast from the oil-exporting countries that the Group (o pek) to achieve an agreement reducing capacity in the meeting late this month.Crude oil contracts, wetthek, Roxas Delivered in December, which is traded at the NYMEX Electronic ionization market increased 2.49 dollars, or 5.8%, 45.81 dollars per barrel, off the market. Brent crude oil contract section increased 2.52 dollars, or 5.7%, closing the market at a price of 46.95 dollars per barrel. Both these In a meeting at Al-Tangier in Sept. 28 o pek agreed to further reduce capacity to 32.50-33.0 million barrels per day by the end of 2005, the quota of each country summary in this Nov. 30 meeting.Analysts indicated that the market has been driven by a report stating that Iraq and Iran are considering the reduction of oil production capacity. In addition, reports about the pipeline attack in Nigeria, it is a factor that underpin the market.Analysts indicated that technical technical signal indication of the oil market. After the fall-down for 1 month.
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