Twelve out of 31, or 39%, participated in the survey, analysts expect a decline in oil prices and the same - increase. Another seven respondents did not expect significant changes.
"Bulls" they say, no matter what is the supply, if demand rises. "Bears" are responsible, we have an excess supply, but these prices are not stable, "- thinks the vice president for research PFGBest Phil Flynn.
U.S. Department of Energy published a report on Thursday that the commercial oil reserves in the U.S. last week rose by 334 thousand barrels (0.1%) - up to 337.76 million barrels. Thus, reserves are currently at 9,6% above the average for the past five years.
Last Friday, most analysts expect a decrease in oil, but their projections. Front-month October futures contracts on petroleum of mark WTI on the New York Mercantile Exchange (NYMEX) on Monday through Thursday, soared 8.1% and reached $ 77.58 a barrel - its highest level since Oct. 14, 2008.
This year, oil prices went up by 74%.
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