Trading in Asia opened with growth in oil
On Friday, December 10, by the end of the day, a barrel of Brent rose by 1.74% to $ 75.29. The growth of Prices began in the European session and continued until the close of the week. The trading volumes in the market increased after the publication of the inflation report in the USA. The dollar has fallen in price, oil has risen in price.
According to the latest data from Baker Hughes, the number of drilling rigs for oil increased by 4 units, to 471 units, and the number of rigs for gas - by 3 units, to 105 units.
On Monday, December 10, at trading in Asia, oil is trading in positive territory. A barrel of Brent costs $ 76.10 (+ 1.07%). The market remains hesitant ahead of monetary policy meetings of the US Federal Reserve, the European Central Bank and the Bank of England. Sharp price fluctuations are expected on Wednesday and Thursday. On Monday, the target remains at $ 77.