Oil to rise after OPEC forecasts an increase in demand

09.02.2015 / 22:18

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Oil to rise after OPEC forecasts an increase in demand

Oil for growth in today's session - the third in a row after published by OPEC forecast for demand for crude petroleum this year and reduction of supply to countries outside the group.

Brent rose 60 cents, or 1% to just over $ 58 a barrel after its peak on Friday of $ 59.06 a barrel.

Crude oil added $ 1.17 a barrel to $ 52.86, after rising to $ 53.40 a little earlier.

OPEC forecasts that oil demand will average 29.21 million barrels per day in 2015, an increase of 430,000 barrels per day. In its monthly report, the organization also reduce the prospects for the supply of crude oil to countries outside the group, citing lower capital investment by energy companies.

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Oil to rise after OPEC forecasts an increase in demand

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