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05.07.2016 09:09 WTI losing almost 2% so far

05.07.2016 09:09

This morning, New York crude oil futures for WTI fell -1.86% to $ 48.09 per barrel. At the same time, Brent oil futures were down -1.30% to $ 49.45 per barrel. Thus, the black gold lost value, on the background of an increase in the output of oil production data in Nigeria. Oil production has increased by 90 000 barrels per day. Nigeria managed to increase its production of oil after the restoration of infrastructure affected by militant attacks. Alos, Baker Hughes reported that the number of oil wells operating in the US rose last week increased by 11 to 341.

 


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