Oil slightly more expensive on Friday but remains

Oil slightly more expensive on Friday, but remains under pressure

After
yesterday’s fall to 2% today oil
slowly recovering. By 10:45 MSK
Brent for December delivery
It costs $ 48.22, and added with
beginning of the day 0.51%. WTI has risen
0.67% to $ 45.51.

However,
Market analysts advise not to deceive ourselves
on this score, and predict that
growing dollar continues to put pressure
on fuel and the other commodity markets.
Since the beginning of October, the dollar rose by almost
5% to a basket of other major currencies, markets
It expects that the Fed will be the first major
central bank, which will increase interest
rates since the global financial
Crisis of 2008 – 09 years. Height speculation
rate hike will put downward
pressure on commodity prices, and
First of all, oil. Today comes
data on the US labor market
(Nonfarm payrolls), oil markets
watchful waiting that figure. If she
would be high in accordance with the
expectations, oil could prosest due
the prospects for further strengthening
dollar.

Davit
prices and the global oversupply of today
global oil production is much
higher demand.

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