Wednesday, June 1, 2011

Exchange watch, morning - oil is rising again

Trading Results Trading on the Russian stock market ended on the eve of multidirectional movement of the most liquid securities. MICEX index rose by 0.33% and the RTS index gained weight 0,1%. More than 1% gained weight shares of Lukoil, Tatneft and Rosneft. VTB and Sberbank fell 1,28% and 0,68% respectively. Oil Market Oil WTI contracts traded near a mark of $ 78.6 per barrel. World Energy Agency increased its forecast for global oil demand by 130 thousand barrels to 86.3 million barrels per day. On Wednesday (December 30) will be published by traditional data on commercial stocks of fuel in the U.S.. Analysts surveyed by Bloomberg, awaiting the fall of crude oil and distillates by 2.2 and 2.25 million barrels and gasoline stocks increase by 1 million barrels. If analysts' predictions come true, or stocks fall harder, maybe oil prices will test the level of $ 80 per barrel this year. Bidding Today's opening of the tori is likely to take place without significant changes in quotations of the most liquid stocks in relation to yesterday's close. Overall, the day promises to be quiet in terms of the news, so throughout the trading session can dominate lateral dynamics. For the MICEX index key markers are the levels in 1340, 1360 and 1380 points. Review prepared for Bank.ru analysts ATON.

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