Oil benchmarks prices are moving in opposite directions on Friday. However, the week ends with oil growth due American Keystone pipeline leak and the expectations of OPEC meeting.
January Brent futures were 16 cents or 0.25 % down, at 63.39 on Friday morning. At the end of ICE Futures trading session on Thursday evening, the contracts price went up by 23 cents or 0,36 %, to $63.55 a barrel.
January WTI futures were 43 cents or 0.74% up, at 58.45 on Friday morning. New York Mercantile Exchange (NYMEX) didn’t operate on Thursday because of the Thanksgiving Day celebration in the USA.
WTI has been growing since Monday, having moved 3.4% up since last Friday. Brent price has risen by 1%. The prices growth is due to Keystone pipeline leak of 750, 000 liters of oil. TransCanada had cut oil delivery by 85% on its Keystone pipeline through to end of November. The news about U.S. oil stock decline also affected the prices.