Oil price rises on OPEC rumor

- The price of oil is Thursday afternoon crawled up to over $ 53. Producer Kuwait reported that the oil cartel OPEC will turn his cock further closed. This should lead to higher oil prices.

The next production restriction would take effect in June.

Recent months, the price continued moving average between $ 50 and $ 55 a barrel from $ 55. OPEC did last year with 2% discount towards a production rate of $ 65 per barrel.