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Oil price finishes the week flat

FXStreet (Łódź) - Independent Analyst Malcolm Graham-Wood observes that following a few ups and downs this week the price of oil has ended flat.

Key quotes

"Ups and downs had primarily to do with the Brent expiry and the US inventory figures showing a big build in stocks."

"In addition we had a slight drop in Libyan exports of a temporary nature as rockets went off near a big field but with Buzzard coming back the market remains well supplied."

"Scotland has decided and voted conclusively to remain with the Union, with a high turnout of 86% they voted 55%-45% to be better together."

"Not even the late intervention of Andy Murray, the Scottish tennis player who used to be in the world’s top ten, could alter the result."

”As the Oil & Gas industry was the most affected sector by the vote there will be sighs of relief from Aberdeen and throughout the rest of the business."

"Finding the extra 10 billion barrels that the Yes camp claimed would be nice though…"

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