On the positive statistics, oil prices go up

At the end of Thursday on the Stock Exchange NYMEX (New York Merchantile Exchange) cost of the August futures for U.S. light crude oil Light Sweet Crude Oil rose to 75.44 dollars per barrel. This increase is due to several factors. First of all, the market was influenced by the positive statistics from the U.S.. According to the U.S. Department of Labor, the number of initial claims for unemployment benefits for the week ended July 3 fell by 21,000 compared with the previous week. As a result, this figure fell to 454 thousand people. Market participants were more pessimistic. In addition, the International Monetary Fund (IMF) raised its forecast for global growth this year. According to IMF experts, an increase of 4,6%, in that while the previous estimate was lower - 4.2%. Recent data of the American Petroleum Institute (API) said a significant reduction in oil reserves. It amounted to 7.3 million barrels. "Although such a significant reduction in" black gold "could be the result of Hurricane Alex, which has not affected oil production capacity, but forced the company to reduce production and evacuated personnel from oil platforms»,