Price spread is projected at almost $ 12
In the coming weeks the price of oil will move in a wide range of — $50.4 m-62,0 per barrel, predicted a senior analyst at the information-analytical center Alpari Vadim Iosub. The cost of black gold trying to move up, however, the daily forecast is in a more narrow corridor.
“The likely daily range current trading for Brent crude is $56,7-57.9 per barrel. On Tuesday morning, after effort to rise to $57.9 per barrel, the price of oil fell to $57.4″, — said Iosub.
Price build-up contributes to the restoration of the Western markets after the holidays. As well as agreement production between OPEC: some people believe that countries will do to carry it out, and from time to time there will be raw material shortage, and someone still considers that decisions were made only for the blind.
In addition, prices have received support news support — for peaceful trade negotiations between China and the United States.
At the end of yesterday’s trading, the price of Brent crude on the world market rose by 3%, and consolidated approximately $57.6 per barrel.