High oil prices again

Boosted oil prices on Wednesday, the gains made in the previous session, although data showed an increase in US crude stocks, with the support of the faltering Libyan oil supplies and expectations of the extension of the agreement to cut production led by OPEC.

The contract rose the nearest month maturity of the global crude measurement Brent 41 cents to $ 51.74 a barrel by 0929 GMT.

The futures rose for West Texas Intermediate crude 34 cents to $ 48.71 a barrel.

And it caused protests by gunmen in crude production from the fields of spark crashes and meet in western Libya, which reduced production by about 250 thousand barrels per day and pay the National Oil Corporation to declare a state of force majeure on Tuesday.

(Source: cbi)



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Oil prices rise again

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