World market crude oil prices closed slightly positive,Investors ' news-o savour pakhep reached an agreement reducing oil production began and insecurity that such agreement would be effective?U.s. markets in advance of crude oil contracts. The market closed Friday slightly improved 62 cents because investors absorbing news o pakhep achieving agreement, reducing production capacity and oil began to insecurity that such agreement would be effective?This is a crude oil contract wetthek, Roxas. Delivery month-Jan, which is traded at the NYMEX electronic market, Chennai. Adjust up or closed 1.21% 62 St 51.68 dollars per barrel. Brent crude oil contract section improved 52 cents or 0.96%, to close at 54.46 dollars per barrel.On Wednesday the group o pek reach agreement reduced oil production capacity of 1.2 million barrels per day to 32.5 million barrels per day. From the original level of 33.8 million barrels per day, based on the agreement in a meeting at anchiat. Algeria When the month of Sept is considered to further reduce the capacity of the Rio for the first time since the year 2551 pek and will begin to take effect in the months of Jan-2560.Such meetings are held in order to determine the oil production quotas of member countries of the 14 o pek, but investors began to worry that the Member States of the Rio pekcha follow the quota or not. Because in the past, there has been a breach of the agreement came, Whether it is reporting figures lower oil production or the production of reality of oil exceeded the quota defined.In addition, analysts also said the terms of o pek is just reducing the capacity only. Are not covered by export. The country has more oil, Saudi Arabia stock can still maintain its share in the market.
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