Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 13, 2013 13:45:28

Oil stocks could reach eight months highs



ColosseumEven before the publication of official data on crude oil inventories came out a survey of analysts by Bloomberg addressed. They expect the end of last week, WTI oil supplies grow by 2.3 million to 383.7 million barrels final (median estimates of 11-analysts). If this assumption is correct, and if they were held in a growth eighth row. For the month of February in the summary WTI oil cheaper by 5.6% due to the fact that its daily production reached the highest values ??for the last 21 years, particularly in mid-February was even 7.12 million barrels per day. The April crude oil closed yesterday at CME slightly above the 0.5% gain in the price of $ 92.54 per barrel.

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