The price of oil under pressure to oil prices

2017-06-15 12:51:41
Machine translation
The price of oil under pressure to oil prices

the price of oil Brent for the first time since may 5 fell below $ 47 per barrel, after the publication of the report of the US Department of energy on the reduction of reserves of "black gold".

the Value of August contracts for Brent crude lost of 3.20% for one day.

the Decline in oil prices will put pressure on prices of soybean oil and lower prices for oil, which has been observed over the past weeks, contributes to the importers increase the volume of purchases.

 

According to the latest data of Oil World analysts, in March-may. p. g. exports of soy oil from four key countries-producers of the products (USA, Argentina, Brazil and Paraguay) increased by 7% compared to the same period of the previous year to a record 2.57 million tons.

 

the Volume of exports of Ukrainian sunflower oil in 2016/17 MG is expected to reach 4.6 million tonnes and soy at the level of 200 thousand tons.

 

Prices for soybean oil in Chicago in the past week rose to 716,5 $/t