United States: Oil prices fell on December 30 after an unexpected increase in crude stockpile United States, raising concerns about the prolonged term excess of supply in the world.
Odds America West Texas Intermediate (WTI) for delivery in February 2016 fell $ 1.27, or 3.4%, accounting for 36 , $ 60 a barrel on the local securities market trading in New York canceled a recovery In the short term last month.
The odds British Brent North Sea crude for February delivery fell $ 1.33 (3.5%) or the equivalent of $ 36.46 a barrel in London is not absent from the lowest level in 11 years ago ($ 36,11) Odds 22 December.
Report weekly US Department of Energy revealed on Wednesday that crude inventories for the nation's trade exchange continues upward trend based on the decline in a week.
Warehouse inventories of crude oil rose by 2.6 million barrels, or 487.4 million barrels a week, ended the first day December 25, it was replaced by a drop of 2.5 million barrels expected by analysts survey of press Bloomberg.
The inventory is still at the level of the report and an increase of 26.5% compared with the previous year. Warehousing refined gasoline and oil came out, such as fuel and diesel rose more than expected.
Fawad Razaqzada website Forex.com manager said: This data, combined with a slight increase of US crude oil production is not yet recalled from a predominantly supply-term could be prolonged, which reflects lower oil prices ahead.
Odds price has fallen nearly 70% since 2014 to come in between of prolonged excess of supply in the world .
Fawad Razaqzada predicted a recovery by the end of 2016: The 2nd half of the year, should be able to look at the concurrent increase of the WTI oil companies a number of smaller oil producers in the United States was forced to overseas markets a more affordable price remains stable.
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