Brent crude price exceeds $52

  01 September 2015    Read: 1637
Brent crude price exceeds $52
The US NYMEX crude price descended $1.61 to $47.59 a barrel.
Brent crude price dropped $1.58 to $52.57 a barrel on ICE Futures Europe.

The decline of black gold price was caused by the statement by US Ministry of Energy. So, the US reduced oil production from 9.4 mln barrels to 9.3 mln barrels.

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