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Oil is gaining in early trading
This morning, the New York futures for WTI rose 0.71% to $ 43.80 and crude oil futures for Brent rose by + 0.46% to $ 46.25 per barrel. Thus, the black gold is trading in the plus on the background of statements by Saudi Arabia and the International Energy Agency. The IEA said Thursday that expects the reduction of world oil reserves in the coming months. This increase in demand for oil from the refinery will stimulate further recovery in the market balance. Minister of Energy of Saudi Arabia Khalid al-Falih said that his country could take part in a coordinated action of OPEC and the major exporting countries, to help balance the market. He said that the meeting of the International Energy Forum in September in Algeria is an opportunity for this.
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