Oil futures Brent and Light Sweet today traded in the various vectors after the previous day on the NYMEX crude oil prices dropped by 0,6% – to 76.37 dollars per barrel. against a background of doubt about the stabilization mechanism of the EU the volume of nearly 1 trillion dollars.
Oil is no longer attractive to investors. Oil prices of all types are falling. Prices for petroleum futures Brent and Light Sweet decline, which, according to analysts, due to expected increase of crude oil and petroleum products in the U.S. At this point in time the price of oil futures transactions were ($ / bbl.): – Light, Sweet Crude Oil (June) – 75.96 (-0.84) in the range of quotations 75,36-77,39 – IPE Brent Crude (June) – 79.51 (-0.61) in the range of quotations 78,91-80,59.
Oil is under pressure. The reason – the refusal of investors to buy long-term futures. Oil futures Brent and Light Sweet today traded in negative zone after the oil markets on the eve of the first time in five trading sessions has risen. Since the beginning of the day oil fell more than $ 1 per barrel.