Oil prices operate on sharply on Tuesday (12) ahead of a preliminary report on the stocks of the commodity in the US, which will be released by the American Petroleum Institute (API, its acronym in English) to 17.30 (from Brasilia).
at 8h41min (GMT), the Brent crude for September rose 2.96% on the IntercontinentalExchange (ICE), US $ 47.62 per barrel, while WTI for August advanced 2.61% in New York Mercantile Exchange (Nymex), uS $ 45.93 per barrel.
the gains on Tuesday indicate that the market is waiting for positive data API, which should show a significant drop in crude oil inventories. S & amp; Global Platts P estimates that US oil inventories have retreated 3.25 million barrels in the week ended July 8, while gasoline stocks are expected to fall 125,000 barrels
Prices. also they gained new impetus after Reuters reported that the shipment of oil in Basra Light in Iraq was briefly interrupted on Sunday because of a leak in the pipeline, which led to a queue of ships waiting shipments. However, the charges were taken.
In addition, the militant group known as the Niger Delta claimed another attack last night in an export pipeline from Exxon Mobil. However, the attack has not been confirmed. Although it is unlikely that the attack itself affect oil exports, the incident highlights concerns about instability in the oil sector of Nigeria.
Recently, the Organization of Petroleum Exporting Countries (OPEC) released its report and reported that in June, crude oil production rose 264,000 barrels per day (b / d) to 32.86 million. Regarding demand, OPEC said it expected growth of 1.2 million b / d in 2016, the same amount in 2017. The report, however, did not interfere in the negotiations.
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