Oil prices turn down Friday morning after two days of recovery.
Brent October oil falling one percent to $ 43.83 a barrel, but is still well above the level around off-exchange yesterday – around $ 42.90.
WTI oil was down one percent to $ 41.53 a barrel.
– unless it comes signs that US oil companies are trying to step up production, and unless there is a shock in the global economy, there is a good chance that prices may climb toward $ 50, says chief analyst Eugene McGillian in Tradition Energy Wall Street Journal according to TDN Finans.
according to Reuters worries investors to make the seal to the product page, after figures from BMI Research showed that Chinese imports falling from record levels last year.
– China’s crude oil imports will grow slowly in the short term, due to factors such as clogged fuel depots, slower deposition among refineries and a more gradual strategic stock building, writes BMI.
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