The oil continues to rise, but remain near seven-year lows

The oil continues to rise, but remain near seven-year lows


As at 13.42 GMT the price of January futures for North sea petroleum mix of mark Brent has grown on 1,04% – to 41,16 USD per barrel. While on Monday, it dropped below 41 dollars per barrel for the first time since February 23, 2009.

MOSCOW, 8 Dec. World oil prices are rising on Tuesday, but remain near seven-year lows amid OPEC decision not to reduce production, which increases the overabundance of “black gold” on the market, according to AFP.

The survey

What, in your opinion, related to a decrease in oil prices?

  • With increased production
  • The difficult economic situation in the world
  • With the collusion of a number of countries-producers
  • The reason the political situation
  • No answer

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