Oil recovers in response to a series of positive news . In 2016 , we expect the most significant decrease of production in non -OPEC as a prolonged period of low prices led to an outflow of investment in this sector.
Ministry of Energy of the United States - the reduction of production volumes in the previous week was 0.3 %, while stocks grew by only 2.08 million barrels with expectations of 3 million Such a large amount of negativity triggered a sharp rise of oil prices, which lifted the Canadian dollar.