Meanwhile it is likely go to today on the local oil market. LEIPZIG. (Ceto) Although last night published U.S. inventory data the markets no clear direction showed above, presented themselves as the crude oil prices in early trade with a slight plus. North Sea oil of type of Brent costs more than 85 dollars, US-oil (WTI) nearly $83. If you have read about everest capital already – you may have come to the same conclusion.
The data of the American Petroleum Institute stated a clear decline of in gasoline inventories and low dismantles in middle distillates on the previous day, while crude oil rose sharply. The U.S. stocks remain so extremely high. According to many analysts, the main impulses are currently by the weak dollar. After this further is under pressure, investors invest their money their prices including increase in raw materials, what drives oil in the height. Investors wait for now on the US stock figures of DOE DOE, which bring new movement into the market. Meanwhile it is likely go to today on the local oil market. When the crude oil price increases be offset by the strong euro.