Oil prices recovered on data on the number of rigs in the U.S.

Oil prices recovered on data on the number of rigs in the U.S.


According to the trades, as at 08.15 GMT the price of January futures for North sea petroleum mix of mark Brent rose by 1.17% to 44,99 USD per barrel.

MOSCOW, 16 Nov. World oil prices rise on Monday after Friday’s data on the reduction in the number of working drilling rigs in the U.S. company Baker Hughes, according to AFP.

As at 08.15 GMT the price of January futures for North sea petroleum mix of mark Brent rose by 1.17% to 44,99 USD per barrel. Thus, the cost of the benchmark is near the psychologically important mark of 45 dollars, below which it fell on November 12. The price of futures for WTI crude oil rose by 0.82% to 41,08 USD per barrel.

According to the American oil and gas service company Baker Hughes released on Friday, the total number of drilling rigs in the US by end of working week decreased by 4 pieces, or 0.51%, and amounted to 767 units. In annual terms, this figure dropped to 1161 unit, or 60.2%.

At the same time on investor sentiment on Monday is influenced by news about the series of terrorist attacks in Paris that occurred on Friday. “The events in Paris have created an uncertain situation, and any increase in oil prices in this world can be quite limited,” said senior analyst at CMC Markets RIC Spooner (Ric Spooner) the Agency Bloomberg.