Oil prices play a collapse in the beginning of the week
International prices of petroleum products on Thursday morning demonstrate strong growth of 9-12%, continuing not fully win back losses, which occurred in the beginning of the week, inform the data exchanges.
International prices of petroleum products on Thursday morning demonstrate strong growth of 9-12%, continuing not fully win back losses, which occurred in the beginning of the week, inform the data exchanges.
position 7. 28 GMT the Cost of June futures for North sea petroleum mix of Brent increased by 9, from 28% to 22, 24 dollars per barrel. June futures for oil of mark WTI - eleven, 54 percent, to fifteen, 39 per barrel. Minutes before growth was in the range of seven to ten %.
on the first day of the week the Price of oil of mark WTI with delivery in may for the first time in history fell to negative values, quotes on NYMEX reached minus 40, $ 32 per barrel. The cost of the June futures WTI on Tuesday fell by 43, 4%, to eleven, 57 dollars per barrel (in the bidding process dropped to 6, 55 dollar).
The price of the June futures for oil of mark Brent on Wednesday morning, fell to the lowest since eleven December 1999 - below $ 16 per barrel.
Pandemic COVID-19 provoked a record decrease in petroleum prices due to the collapse of demand for raw materials. Negative for the market was also influenced by the lack of agreement of OPEC . The deal was to conclude only in mid-April, which helped to stabilize the situation on the market, but then prices started to decline again.
on the background of the coronavirus and excess raw materials in OPEC and international energy Agency expects a record decline in demand for petroleum products In the current year.
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