Brent passed the mark of $ 103 per barrel
Brent crude oil prices are
above $ 103 a barrel on the data on the background
slowdown in production
activity in China.
At 8.35 GMT, futures for
Brent fell $ 0.01 – up to $ 103.18 per barrel,
and futures of WTI – to $ 0.18 – to $ 95.78. Both
benchmark fell in August, the second
China is already priced in. China
It retains the target of economic
growth of 7.5 percent, it means that the government
has a plan to support growth in the coming
two blocks", – said the strategist of
Commodities markets bank
ANZ Ankit Pahuja.
"We believe that the price
rise slightly in the next month.
Markets are no longer afraid of problems
supply and perhaps overestimate
the importance of increasing production in Libya and
Iran"- Pahuja said.
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