- 08-26-2014, 09:39 PM #1
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In London, a barrel of Brent crude oil rose to $102.75
On the New York Mercantile Exchange (NYMEX), where trades are still ongoing contracts for October delivery Texas light crude oil (WTI) rose by 50 cents
LONDON, 26 August. / Correspondent. Rising oil prices marked on the world commodity markets. On the London Intercontinental Exchange Futures transactions cost of deliveries in October North Sea Brent blend on the session up 10 cents at $ 102.75 a barrel. Transactions turnover was in the third below the average for the last 100 days.
Who is on the New York Mercantile Exchange (NYMEX), where trades are still ongoing contracts for October delivery Texas light crude oil (WTI) rose by 50 cents, and the price of oil on them at an intermediate elevation of the trading session to $ 93.85 per barrel.Turnover - about a third lower than the average for 100 days for this time of day.
Oil prices rose in the United States amid speculation that its reserves in the country over the past week fell (official report goes on environment), as well as economic data strengthened investors' optimism about the prospects for oil demand.
"For the American economy situation is getting better - believes the chief market strategist at Confluence Investment Management Bill O'Grady. - It is impossible to deny that in the United States - an increase, and it will be good for the demand for fuel."
In London, oil prices supported the concerns of market participants crisis in Ukraine. "The situation in Ukraine - is terrible, and could easily escalate - says O'Grady. - Oil looks like a safe haven for investments, taking into account the geopolitical uncertainty and economic growth in the United States."
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- 01-05-2015, 12:07 PM #2
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- Jul 2014
Now it has decrease its price.
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