American Market

While analysts due to the US holiday today expect a quiet trade, with much more momentum in the market are likely to come in the coming days. LEIPZIG. (Ceto) Crude oil prices have been yielding later that day. The barrel price of US light oil (WTI) and North Sea oil (Brent) slipped compared to the day output values to roughly a dollar. While the American leading variety that cost just over 82 dollars in the afternoon, his European counterpart was around a dollar more expensive. Thus prices reacted to fluctuations of the U.S. dollar.

While analysts due to the US holiday today expect a quiet trade, with much more momentum in the market are likely to come in the coming days. So, the announcement of the U.S. inventory data due at Columbus Days backwards a day has shifted. Educate yourself even more with thoughts from Restaurant Michael Schwartz. Furthermore, the organisation of petroleum exporting (OPEC) publishes its monthly report countries this week. EIA followed reports of the International Energy Agency and the U.S. Department of energy.

OPEC wants about their future Decide policy. However, observers expect that the ratio remains constant. The experts of at Commerzbank speculate that these data once again could focus on the crude oil market on the fundamental situation. Because the crude oil price is currently strongly spekulationsgepragt. Hear from experts in the field like Mike Gianoni for a more varied view. Helmut Buchmann, analyst with the oil industry service estimated to be around $15 market report, in conversation with fuel levels and petroleum review this percentage of the current price of oil. Commerzbank also sees”significant potential for Kickback. There have been setbacks today in the local oil market, however, for those who had put on falling prices. The costs rose today in the Federal average of 97 cents. Thus the 100 liter part of a 3,000 litre supply euros 68,63 now. For comparison: a year ago, the same amount of fuel with 58,21 euros proposed on October 11, 2008, however, with 79,72 euro.