The cost of the February futures for Brent crude oil decreased up to 37.34 dollars per barrel, WTI – up to 37,84 USD per barrel. On the price impact of investors ‘ concerns over the oversupply in the market and continued low demand.
MOSCOW, 30 Dec. The world prices for oil on Wednesday again returned to negative dynamics on Tuesday after growth more than on 3% on renewed fears of investors for the “surplus” of supply in the market ahead of the publication of Department of energy data on weekly U.S. stocks, according to AFP.
As at 08.51 GMT the price of February futures for North sea petroleum mix of mark Brent has decreased on 0,72% — to 37,34 USD per barrel, the price of February futures for oil of mark WTI fell on 1,89% — to 37,84 USD per barrel.
What will happen to oil prices in 2016?
- Will collapse to $ 20 per barrel
- Will remain at around 30-35 dollars
- Edge up to 45-50 dollars
- Soar to 90-100 dollars
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