Due to the unexpected reduction in US oil oil charts last week, today's oil prices (21) were discharged from falling by more than 6% on Tuesday, rising by more than 1% ; However, researchers believe that the Petroleum Change Agency Group in December Prior to OPEC, an oil price may be weakened again.
There were worries about growing in the global economy; mean that oil prices fell dramatically on Tuesday, Brent oil crimes fell 6.4%, and 62.53 US dollars per barrel; crude oil West Texas Intermediate 6.6% fell, the US $ 53.43 dollar price per Barrel S-
The latest American data published by the American Petroleum Institute (API) has recently published. From November 16, US commercial oil oil numbers dropped 1.5 billion barrels to 439.20 million barrels.
In addition, traders said Indian Indian oil exports have a high level of almost 5 million barrels per day, which have also supported oil prices.
At 4:39 pm, Taipei's time on Wednesday, Investing.com data revealed Brent raw oil income rose 1.15% to $ 63.25 in a barrel; Texas Texas low oil income rises up 1.44% to $ 54.20 barrel.
Fatih Birol, chief executive of the International Energy Organization (IEA), said the global economy is in a difficult time and is "very weak"; the news causes investors to be worried about what is needed on oil demand, and oil prices have fallen.
According to Reuters, oil company Ashley Kelty oil singer Cantor Fitzgerald said an OBAF meeting and a G20 meeting will meet to make a clearer market vision, "oil prices may be weaker."
To oversee the work, OPEC aims to encourage production cuts, which are about 1 million to 1.4 million barrels per day.