Oil prices creep up today

Oil is preparing to raise

In brief: Oil prices have once again tried to rise, but so far very, very slightly.

Black Gold is trying to get on their feet. Oil prices on world trading trying to stabilize against the background of a lull in commodity markets and European problems. One trillion dollars, which is trying to make Europe, has allowed oil prices to go into a slight plus. The stabilization mechanism involves the ability to quickly provision of government loans in such troubled countries as Portugal and Spain, the provision of state guarantees on loans.

The official price of oil WTI (Light Sweet) on an urgent Mercantile Exchange New York Mercantile Exchange (NYMEX), New York, on the basis of trading on May 10 2010. rose by 1.69 dollars and accounted for 76.80 dollars per barrel.

The official price of Brent oil on the electronic commodity exchange InterContinental Exchange Futures Europe (ICE Futures Europe) up to the auction on May 10 2010. rose by 1.85 dollars and accounted for 80.12 dollars per barrel. Price of oil OPEC basket rose by 2,2% and established higher than a 78 per barrel. As of May 10, 2010 the OPEC basket increased by 1.67 dollars, while its price was officially 78.08 per barrel., Announced today the secretariat of the international oil cartel in Vienna.

Anrey Torbinski
2010-05-11 08:48, Economics.

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