MOSCOW, 14 Sep — PRIME. World oil prices on Wednesday afternoon moved to some growth after the publication of the monthly report of the International Energy Agency (IEA), follows from the trading data.
As of 12.40 Moscow time, the price of November futures for Brent crude oil is growing by 0.14%, to $93.3 per barrel, October futures for WTI – by 0.06%, to $87.36. In the morning oil was moderately cheaper.
Markets have taken notice of the IEA’s monthly report, especially estimates regarding the outlook for oil supply and demand. In the document, the organization notes, in particular, that the total commercial reserves of oil and petroleum products in the world decreased in July compared to June by 25.6 million barrels, and that the countries of the OPEC + alliance produced 3.4 million barrels together in August. per day less than expected under the agreement.
The next important data for the market may be the official statistics of commercial oil reserves in the US, which will be published later on Wednesday by the Department of Energy. Experts predict that the growth rate amounted to 0.8 million barrels per week.
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