Oil is cheaper in anticipation of data on the number of drilling rigs in the United States

MOSCOW, 16 sen — RIA Novosti/Prime. World oil prices decline on Friday amid fears of investors about the fact that weekly data from the us oil service company Baker Hughes can again show growth in the number of drilling rigs in the United States, according to the auction.

As 08.36 MSK price of November futures for North sea petroleum mix of mark Brent has decreased on 0,77% — to 46,23 dollars per barrel. The price of October futures for oil of mark WTI has decreased on 0,77% — to 43.57 per barrel.

Baker Hughes data will be published later on Friday. Last week ended 9 September, the company reported that the number of drilling rigs in the U.S. rose 11 points, or 2.21%, to 508 units.

“The focus will be on drilling activity in the United States, another increase (the number of drilling rigs — ed.) will lead to greater anxiety about the recovery of production volumes in the country”, — quotes Agency Reuters analysts from the Australian Bank ANZ.

In addition, the negative impact on investor sentiment have news from Libya. On Thursday, the national oil company of the country (NOC) has lifted the state of “force majeure” in port “oil Crescent” on the shore of the Mediterranean sea that were previously taken under the control of the Libyan army under the command of Khalifa the Haftarot.

NOC announced the immediate commencement of oil exports. On Wednesday, the company also announced the possibility to increase production to 600 thousand barrels per day in the four weeks and up to 950 thousand barrels per day by year-end from the current 290 thousand barrels per day.

The balance of power on the world oil market