Bank Of Baku

Oil prices reach $53

Oil prices reach $53
# 09 June 2016 08:28 (UTC +04:00)

Baku – APA-Economics. The WTI crude oil (NYMEX) rose $0.0.28 to $51.51 a barrel.

 

Brent crude went up $0.17 to close at $52.68 a barrel.

 

Reason of the oil price rise is decline in oil reserves in the US. The reserves decreased 3.2 mln barrels.

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