The price of oil fell to two-month low

2016-07-11 15:40:09
Machine translation
The price of oil fell to two-month low

the Price of a barrel of Brent crude oil for the first time since may 11 of this year fell below $ 46 dollars lost in trading on the stock exchange ICE of almost 2%.

 

After the publication of reports that stocks in the US is reduced not so quickly as expected, world oil prices continued their decline. On the ICE exchange in the trading price of a barrel of oil Brent for the first time in two ISAs fell below the level of $ 46.

 

it is Noted that the low the price of Brent crude declined on Monday on ICE to the mark to 45.91 dollar by 1.82 % below level of closing of the previous auction. Before doing this cheaper than $ 46 a barrel of Brent was trading on 11 may 2016, when the auction began with oil prices in 45,59 dollars.

 

oil futures remain under pressure information about the growth in the U.S. the number of active oil rigs up to a three-month high.

 

the Decrease in the price of crude oil will increase pressure on soybeans, canola and corn, and may cause them to drop to a level lower than was observed last year.