الثلاثاء، 31 يوليو 2012

Crude oil rises amid investors ' anticipation of the outcome of the Central Bank

Remained crude oil futures slightly higher Tuesday with investors taking a break before the meetings of the policy where it was anticipated that the ECB and the Federal Reserve to conduct monetary stimulation ...

On the New York Mercantile Exchange, light sweet crude was trading, crude contracts for delivery in September at $ 107.48 a barrel by afternoon European trading, high ratio of 0.10%.
Market sentiment found support after the Central Bank Chief Mario j.d. Dargie. Last week to do whatever is necessary to keep the single currency.

FSN statements derradji expectations that the ECB may activate the bond buying programme to help reduce borrowing costs Spanish and Italian.

Investors remained cautious, amid concerns that the Bank may disappoint the market expectations.

Watching for market participants also results of the Federal Reserve Board policy on Wednesday, amid speculation over whether the US Central Bank will hint to perform other relief measures.

The United States is the world's largest oil-consuming countries, account for about 22% of world oil demand.


Investors interpreted the signs of باطؤ economic growth in the United States that the Federal Reserve will implement a more quantitative easing to stimulate economic recovery.

Later on the same day, the American Petroleum Institute will publish its report by the u.s. energy information administration on Wednesday.

The London-based Futures Exchange, Brent oil futures for September delivery traded at 0.06% to 106.09 dollar the barrel, where the difference between crude and Brent contracts at 16.22. Dollars per barrel.

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