The situation which we observe in the world market of oil now cannot but please the government of the countries which signed the contract on restriction of extraction of OPEK+11 raw materials. Results this week not the best, but in general, quotations on oil surely grow, filling budgets of those states for which "black gold" is the main source of income.

By the time of writing of this article, the quotation of future contracts with delivery in December to oil of the reference Brent brand at the ICE Futures exchange (London) grew to a mark of $79,58 for barrel (+0,37% or 0,29 items).

Brent Crude (ICE)

The cost of November future contracts for the American WTI crude oil on the New York Mercantile Exchange (NYMEX) was fixed at the level of $68,83 for barrel (+0,26% or 0,18 items).

WTI Crude Oil (Nymex)

Now the main source of concern of OPEC is intentions of the U.S. Government to provide the stable growth of extraction of raw materials in the country and also to increase oil reserves in storages. Very possibly, this step is explained by possible complications in the relations with exporters from the Persian Gulf. Americans try to avoid in all ways repetition of the scenario of 1973 when oil crisis burst.

Fresh statistical data of the U.S. Department of Energy show that commodity raw material inventories grow in the country the fourth week in a row. At the same time gasoline reserves, decreased by 2,02 million barrels a little.

Rates of increase in volumes of oil production in the USA accelerated and in November of the current year they have to reach a point of 7,71 million barrels a day. The similar scenario should not surprise, since November first sanctions against Iran have to come into full force.

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