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14.05.2020 BRENT OIL Daily Analysis
Today Brent Oil went up with 2.60% and it is trading at 29.95usd. The U.S. Energy Information Administration (EIA) reported that there was a 745,000
Yazar: editor_1
Yayınlanma: 14 Mayıs 2020 19:46
Güncellenme: 15 Kasım 2024 06:11
14.05.2020 BRENT OIL Daily Analysis
BRENT OIL 30.16usd ,+0.97, +3.32% Today Brent Oil went up with 2.60% and it is trading at 29.95usd. The U.S. Energy Information Administration (EIA) reported that there was a 745,000-million-barrel decrease in U.S. crude inventories overnight this month. This was good news to many investors and oil markets as it was recorded as the biggest decrease since January. The organization of OPEC also is going to extend its existing cuts until the end of the year and they will cut production by 9.7 million barrels in May and June, with a further 7.7 million BPD cut for the rest of the year. There is also going to be another meeting in June in Vienna in which all the other members will attend to discuss how to support the oil prices.İLGİLİ HABERLER
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