Oil rises after the IEA report

The International Energy Agency announced, in the first fortnight of June, report your forecast for oil demand in 2017. According to the Agency, the demand for oil increases 160,000 barrels per day. In the previous report, predicted demand was 97,840,000 barrels per day and now is 98 million. Compared to the estimate of 2016, demand will grow 1.4 million barrels a day.

After the dissemination of good estimates, the price of oil rose. Brent Futures rose 0.5 percent to 48.66 dollars a barrel,. WTI Oil Futures already rose 0.56 percent to 46.34 dollars a barrel.

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