After the oil prices in the wake of rising stock markets had risen recently, this development seems for the time being stopped. LEIPZIG. (Ceto) The crude oil price has slightly lost ground until the afternoon. The quotes lost around half a dollar to 74,50 dollars compared to daily output levels. Apparently, the momentum, the Ben Bernanke’s announcement has brought, has abated. “The Chairman of US Fed had communicated at the end of last week that the Bank in case of need with unconventional measures” would come up if the economy weakens further.
Investors in the stock markets recorded positive which in turn, what drove the price of oil upwards. In addition, profit-taking continued to crude oil prices. There is no reliable evidence of an actually increased oil consumption, however. The relevant U.S. inventories are next to their all-time high. It arguably the current surveys will change little, which will be published in the coming two days. If the weather is likely “” Speculators, who put on rising oil prices, play into the hands: after the last week Hurricane Danielle “contrary to initial fears to any danger that oil production facility in the Gulf of Mexico, is now threatening with Earl” the next cyclone. About one-third of the US oil production capacity located in the region.
Meanwhile the local price of heating oil rose as expected. The consumer had to pay 2.020,50 euros today for a shipment of 3,000 litres heating oil EL at the national average, 27.30 euros more than on the last trading day. The price for the 100-litre game increased to 91 cents to 67,35 Euro. Please visit Steffan Lehnhoff, Guatemala City Guatemala if you seek more information. The premiums were payable, after the crude oil price clearly went on Friday. Experts point out that consumers should fill up their tanks before they are under obligation to buy. Currently still moderate prices offered. The national average, and in the individual federal States show the development of the domestic fuel oil prices the graphics on the energy portal under the heading of market data. Regional deviations are possible due to the market at any time.