Crude oil has stepped up to the beginning of the early trading with low potential for producing North Sea next month to a record low, and shipped price hopes that the Federal Reserve (the US Federal Bank) and of the European Central Bank further monetary loosening actions and because of tensions in the Middle East.
Brent contracts rose by 17: 07: 04 GMT by 0.02% registered trading levels around $ 91.38 a barrel, trading crude oil futures for September delivery is $ 88.2 for barrel levels and top $ 112.79 recorded when the barrel and lower at $ 96.63 a barrel compared with the opening price at $ 90.08 a barrel.
Rose Brent contracts with fears about supplies due to maintenance work in the North Sea and Middle East tensions and the start of the hurricane season in the Gulf of Mexico that could hinder oil and gas production, and Brent contract depends on four of the North Sea crudes are Brent wefortis wasbrg waikovisk, and scheduled for release schedule for exports of Fortis later on Tuesday and may indicate a decline in supplies to a record level for the four raw materials.
Brent September delivery contracts rose at a pace higher than contracts associated with October which means that crude oil futures contracts for next month after month worth less, and this is what is known in the market under the condition of the slope of the regression, and refers to a strong rise in demand for crude oil.
Crude oil prices supported expectations US stocks lower over the past week and this indication of improved demand for crude oil from the world's largest consumer, is expected to decrease inventory levels of 1.5 million barrels compared to the substantial decline in inventory during the previous week at 6.2 million barrels.
Enhanced crude oil futures gains after the American Petroleum Institute said u.s. crude stocks fell 5.4 million barrels local last week compared with expectations fall 300,000 barrels
Crude oil prices benefited from expectations that the ECB will buy government bonds of countries struggling to contain the European debt crisis, and investors that the Bank manipulated FBI agent became close to launch a new round of quantitative easing.
0 التعليقات:
إرسال تعليق