In general, oil prices, US stock markets like Cyber Monday, helped the largest online day of year. Chronic adventures sometimes run with the equity market.
Prices found that there was some support like raw stocks in the U.S. center. from Cushing, Oklahoma, raised only 126 casks from Tuesday to Friday, traders said, stating a report from Genscape market information company.
However, demand and record concerns of Saudi Arabia products are restricted on Monday.
Saudi crude oil production hit 11.1-11.3 million barrels daily (bpd) in November, said a high-tech industrial source to Reuters on Monday.
There is an increasing dollar that has a pressured demand in emerging key market economies, higher lending costs and the threat to global growth of the trade dispute between the United States and China has pushed investors out of assets that fits closer to the global economy, such as equity or oil.
In November alone, hedge funds have deducted more than $ 12 billion out of the oil market, based on a record reduction in long long payments of the Brent and U.S. raw future. and options against the average oil price per month.