Home
The stability of oil prices to the highest levels
4/24/2015
Brent rose in futures for June delivery was June 22 cents, where he arrived to $ 65.09 a barrel. Oil prices stabilized on Friday, near its highest level in 2015, recorded in the previous session, but remained on course for a weekly gain after renewed air strikes in Yemen, while stoking fears about the security of oil supplies from the Middle East.
Crude oil prices rose about ten dollars a barrel this month, with the increasing tensions in the Middle East and a slowing US production growth as well as signs of global demand growth.
At 07:06 GMT, Brent crude futures rose in June delivery 22 cents to $ 65.09 a barrel after it rose to $ 2.12 at the settlement on Thursday.
And increased US light crude for June contracts for 8 cents to $ 57.82 a barrel. US crude and scored on Thursday its highest level in 2015 of $ 58.41 and is heading for a sixth weekly gain in a row.
The rise in prices last Thursday, after a continued alliance led by Saudi Arabia bombed Houthi fighters and military units allied with them in Yemen despite the Riyadh Declaration earlier in the campaign, the end of the aircraft.
Although Yemen is not a major oil producer in the Middle East, oil tankers pass on its way to Europe and the Gulf of Aden on the southern coast of Yemen and the Strait of Bab el Mandeb between Yemen and Djibouti.
[You must be registered and logged in to see this link.]
4/24/2015
Brent rose in futures for June delivery was June 22 cents, where he arrived to $ 65.09 a barrel. Oil prices stabilized on Friday, near its highest level in 2015, recorded in the previous session, but remained on course for a weekly gain after renewed air strikes in Yemen, while stoking fears about the security of oil supplies from the Middle East.
Crude oil prices rose about ten dollars a barrel this month, with the increasing tensions in the Middle East and a slowing US production growth as well as signs of global demand growth.
At 07:06 GMT, Brent crude futures rose in June delivery 22 cents to $ 65.09 a barrel after it rose to $ 2.12 at the settlement on Thursday.
And increased US light crude for June contracts for 8 cents to $ 57.82 a barrel. US crude and scored on Thursday its highest level in 2015 of $ 58.41 and is heading for a sixth weekly gain in a row.
The rise in prices last Thursday, after a continued alliance led by Saudi Arabia bombed Houthi fighters and military units allied with them in Yemen despite the Riyadh Declaration earlier in the campaign, the end of the aircraft.
Although Yemen is not a major oil producer in the Middle East, oil tankers pass on its way to Europe and the Gulf of Aden on the southern coast of Yemen and the Strait of Bab el Mandeb between Yemen and Djibouti.
[You must be registered and logged in to see this link.]
