Brent and WTI: Oil prices recover slightly – Handelsblatt

oil

at midweek the US government reported a record high in the oil reserves in the country.

(Photo: AP)

New York The oil prices stabilize at around $ 40 – on Easter Monday they have risen again slightly. On Monday morning cost in Asian trading, a barrel (about 159 liters) of North Sea Brent for delivery in May 40.75 US dollars, 31 cents more than the Thursday before Easter. The price for a barrel of the American West Texas Intermediate (WTI) rose by 33 cents to $ 39.79 on.

In the week before Easter, oil prices were mainly from recent stock data from the US charged. According to traders, now news supported the active production wells in the United States prices. Their number has declined somewhat, which could limit the offer.

At midweek the US government reported a record high in the oil reserves in the country. Moreover, the increase was been much stronger than expected.

In Europe, all major exchanges and markets are closed on Monday for the Easter holiday. Until the opening of the markets in the United States in the afternoon expecting traders with a very thin trading. On Easter Friday was not traded on the oil markets.