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The rise of oil prices globally
ID number: 2432 Issue Date: 02/01/2012 day: Monday
Last Updated: 02/01/2012
BAGHDAD - Follow-up:
Artfat prices of futures contracts for crude oil, in electronic trading on the New York Mercantile Exchange to near $ 100 a barrel seems to be heading to the stamped year, up 9% had received support from Iran's threat to halt oil shipments through the Strait of Hormuz if the West to impose sanctions on its exports of crude.
The price of light sweet crude for February delivery of $ 99.76 a barrel, up 11 cents after jumping 29 cents on Thursday.
The other hand is approaching the price of Brent crude measurement of the European end the year higher by 14% supported by indications of improvement in the U.S. economy and the threats of Iran close the Strait of Hormuz.
The price of Brent rose 19 cents to 108.20 dollars a barrel in the last trading day in 2011, limiting the altitude report on an unexpected rise in U.S. inventories and slowing production factories in China. It is expected to end the year on the average Brent record of about $ 111 a barrel, surpassing the previous record annual average, which was slightly less than $ 100 a barrel in 2008.
On the other hand said that the price of OPEC basket of crudes fell to a record 106.75 dollars a barrel from 52. $ 107 the previous day. It consists of OPEC basket of 12 crude is a mix deserts of Algeria and crude Girassol Angolans and Iran's heavy crude, Basra Light of Iraq and export of Kuwait and Sidr Libya and Bonny Light of Nigeria and sea country and Arab Light Saudi Murban UAE and Mary Venezuelan Oriente from Ecuador.
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ID number: 2432 Issue Date: 02/01/2012 day: Monday
Last Updated: 02/01/2012
BAGHDAD - Follow-up:
Artfat prices of futures contracts for crude oil, in electronic trading on the New York Mercantile Exchange to near $ 100 a barrel seems to be heading to the stamped year, up 9% had received support from Iran's threat to halt oil shipments through the Strait of Hormuz if the West to impose sanctions on its exports of crude.
The price of light sweet crude for February delivery of $ 99.76 a barrel, up 11 cents after jumping 29 cents on Thursday.
The other hand is approaching the price of Brent crude measurement of the European end the year higher by 14% supported by indications of improvement in the U.S. economy and the threats of Iran close the Strait of Hormuz.
The price of Brent rose 19 cents to 108.20 dollars a barrel in the last trading day in 2011, limiting the altitude report on an unexpected rise in U.S. inventories and slowing production factories in China. It is expected to end the year on the average Brent record of about $ 111 a barrel, surpassing the previous record annual average, which was slightly less than $ 100 a barrel in 2008.
On the other hand said that the price of OPEC basket of crudes fell to a record 106.75 dollars a barrel from 52. $ 107 the previous day. It consists of OPEC basket of 12 crude is a mix deserts of Algeria and crude Girassol Angolans and Iran's heavy crude, Basra Light of Iraq and export of Kuwait and Sidr Libya and Bonny Light of Nigeria and sea country and Arab Light Saudi Murban UAE and Mary Venezuelan Oriente from Ecuador.
[You must be registered and logged in to see this link.]
