The global oil markets have started to lose its profit before Noel holiday with balancing US stocks data in OPEC's contract for production shortages on the global markets.Oil has narrowed its gains to investors in the second week, with investors turning their attention to stabilizing US oil inventories on OPEC and other producers' production shortfalls. Oil futures contracts fell 0.7% in New York after rising about 1% on Thursday. Oil inventories in the US rose 2.26 million barrels last week, further boosting total inventories, which were at the highest level in over 30 years, according to the official data released Wednesday. After the OPEC decision at the last days of November, the oil prices are following over the 50 USD level for per barrel.

Comment Send

• 

  U.S. Treasury Bonds are Decreasing After Oil Limiting Possibility

• 

  Oil started to lose value after Trump's Suprise Victory against Clinton

• 

  Thailand stock market is leading to strong decreases on Asian Market

• 

  BoJ announced domestic producer prices in Japan

• 

  American bonds are feeling sales pressure

• 

  American Bond Market started to focus on the expectations of fiscal policies

• 

  Central Bank of Australia declared the decision of monetary policy

• 

  American Dollar is losing value After Trump's Speech

• 

  Non Farm Payrolls Data Announced in the USA

• 

  USD/JPY parity is experiencing the strongest 15-day increase at last years