hat vorhin Einen rausgehauen...deswegen u.a. die Talfahrt.
TeleTrader.com[5/23/17] 11:59:00
Oil lower as Trump proposes stockpile sell-off
Oil prices traded in the red on Tuesday after United States President Donald Trumps first budget proposal revealed the administrations plan to sell off half of the nations emergency oil stockpiles, potentially undermining OPEC's efforts to control supplies and boost prices.
The proposal stems from the idea to cut down on the national debt, while the selling of the stockpile would raise $500 million for the fiscal 2018. The Strategic Petroleum Reserve is the countrys emergency fuel storage of petroleum, and it currently holds about 687 million barrels of oil in the states of Texas and Louisiana.
Brent crude for July delivery decreased 0.70% to go for $53.59 per barrel at 11:56 am CET, while West Texas Intermediate for July settlement was 0.80% lower at the same time, changing hands for $50.67 per barrel.
TeleTrader Newsroom / JC |