Home
Brent is stable above $ 111
Topic 6 has been read times
21/01/2012
Singapore - Reuters
Settled price of benchmark Brent crude European above $ 111 a barrel on Friday as investors anticipated that the growing demand for oil with the decline in concerns about the funding in Europe and continued concerns about supplies because of tensions between Iran and the West. But the extent of the height of the decline in demand for gasoline in the the United States the largest consumer of fuel in the world to its lowest level in more than ten years because of high prices. And had affected the market as well as data from China indicate that manufacturers have started in 2012 by a state of recession. The price of Brent rose 38 cents to 111.93 dollars a barrel at 0744 GMT. And crude way to achieve an increase of one percent this week, offsetting part of the loss amounting to 2.4 percent last week. The price of U.S. crude for receipt of the February expires later on Friday, 28 cents to 100.67 dollars a barrel. And contracts on its way to achieving an increase of two per cent this week.
[You must be registered and logged in to see this link.]
Topic 6 has been read times
21/01/2012
Singapore - Reuters
Settled price of benchmark Brent crude European above $ 111 a barrel on Friday as investors anticipated that the growing demand for oil with the decline in concerns about the funding in Europe and continued concerns about supplies because of tensions between Iran and the West. But the extent of the height of the decline in demand for gasoline in the the United States the largest consumer of fuel in the world to its lowest level in more than ten years because of high prices. And had affected the market as well as data from China indicate that manufacturers have started in 2012 by a state of recession. The price of Brent rose 38 cents to 111.93 dollars a barrel at 0744 GMT. And crude way to achieve an increase of one percent this week, offsetting part of the loss amounting to 2.4 percent last week. The price of U.S. crude for receipt of the February expires later on Friday, 28 cents to 100.67 dollars a barrel. And contracts on its way to achieving an increase of two per cent this week.
[You must be registered and logged in to see this link.]
