On Wednesday the barrel of Brent has risen in price to $47,71 after a release of the report of the Ministry of Energy of the USA. The report has reflected unexpected reduction of stocks and oil production in the USA. For the last week, till May 6, reserves of crude oil have decreased by 3,4 million barrels, to 540 million barrels. Their increase by 0,5 million barrels was expected. Oil production has decreased from 8,825 to 8,802 million barrels.
Positive impact on oil quotations was also exerted by messages on interruptions in supply of oil on the world market from Canada and Nigeria (in Canada – the fires, in Nigeria – the armed attacks to objects of oil infrastructure).
According to the latest data, firefighters managed to take under control wildfires the city of Fort-Makmyurrey and his vicinities in the northeast of the province of Albert. The fires have led to closing 40% of oil wells of the country and to reduction of oil production by different estimates from 2,5 to 3 million barrels a day.
On May 6 fighters in Nigeria have blown up an oil derrick of the American company Chevron. In the Shell Petroleum Development Co environment. of Nigeria (SPDC) declared existence of the force majeur circumstances interfering export supply of oil on the Bonny Light pipeline in Nigeria transfers Interfax.
As we see, the news background promotes an increase in prices for oil. In Asia the price raised to $47,80. I don't exclude increase of quotations in the moment to $48,26 (at most of 29.04). Considering, that gold becomes cheaper, and the dollar rises in price, I will risk to consider on hours after updating of a maximum kickback to the trend line 46,78 in the form of a zigzag.
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