11:09 - 3.12.2019

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December 3, Fineko/abc.az. News about the decline in oil production in the OPEC countries has provoked a rise in oil prices.

According to Bloomberg, oil production in OPEC countries decreased by 110,000 bpd in November.

Following the trading on 2 December at the London ICE Futures Exchange, the price of February’s Brent futures rose by $0.43 (0.71%) up to $60.92 per barrel. Their price rose by $0.16 (0.26%) up to $61.08 a barrel by 9:20 am.

Following the trading on 2 December WTI futures for January at the New York Mercantile Exchange (NYMEX) grew in price by $0.79 (1.43%) up to $55.96 a barrel. Its price increased by $0.21 (0.38%) up to $56.17 a barrel by 9:20 am.