Oil prices recovered from the IEA report

► despite lower IEA forecasts oil consumption in China, but to improve the forecast of global crude oil consumption ...

Currently, the difference between the New York crude oil and Brent crude oil has increased more than 7 USD - Reuters

Report of the International Energy Agency (IEA) on energy consumption prospects in the world in the near future, have become catalysts oil futures prices rose slightly again in session 12/6 .

This session, sweet crude, light delivery in July on the floor New York Commodity Exchange rose 50 cents light, corresponding to 0.5%, to $ 95.88 per barrel. According to data from FactSet, the highest intraday price of crude oil was $ 96.45 this kind are established in early trading.

On the London Commodity Exchange, crude oil, Brent North Sea also increased slightly to be 53 cents, equivalent to 0.5%, to $ 103.49 per barrel. Currently, the difference between the New York crude oil and Brent crude oil has increased more than 7 dollars, up slightly from yesterday.

Yesterday, the Energy Information Agency of the U.S. Department of Energy released a report that, in the week ending March 7/6 the last of the country's crude supplies increased 2.5 million barrels to the 393.8 million barrels, similar forecast by analysts in a survey by Platts opinion.

According to this report, the supply of gasoline in the week rose 2.7 million barrels of crude oil preparations (including heating oil) fell 1.2 million barrels. According to forecasts of experts, expected gasoline supplies rose 1 million barrels in the week, but also the other products, the increase was 1.4 million barrels.

Session on 11/6, world crude oil prices fell sharply after the American Petroleum Institute released a report showed U.S. crude supplies for the week ending on 7/6 last rose nearly 9 million barrels higher than the actual figure, as well as estimates of market analysts.

Before that, the first day, the IEA said that in 2013 China, the country's No. 2 oil consumer in the world, will consume less than previously estimated, although the total amount of crude oil for the economy This growth was 3.8%. According to the EIA, crude oil demand will increase globally by 0.9% in 2013.

According to analysts, the IEA report forecasts despite lower oil consumption in China, but to improve the forecast of global oil consumption. In terms of significance, this report can still help support the market, which has been under heavy pressure from the reduced forecasts made since the end of 2012.

Also on the floor of the New York Commodity Exchange, ending 12/6, July gasoline delivery fell 1 cent, to $ 2.81 / gallon, while heating oil prices over the same period rose 4 cents, respectively 2%, to $ 2.90 per gallon. Natural gas prices rose 6 cents, respectively 0.2%, to $ 3.78 / million BTU.