Tuesday, January 11, 2011

Iraq opened fire on mass 7 minutes in international oil prices rose $ 5.

<P> According to finance. News, New York crude oil futures rose for six days, due to rumors of a military conflict in the Persian Gulf, on the 27th (New York local time) after-hours trading, oil prices soared in 5 minutes .dollars, 68 dollars a barrel mark. .</ P> <P> hours trading is trading outside normal business hours, it automatically through electronic communication networks trade matching, only a few select brokers to provide this service. .</ P> <P> market panic buying, so that after-hours trading in crude oil futures surged nearly 8% integer 68 dollars a barrel mark. .The panic comes from the Iranian military involvement in the Persian Gulf conflict of rumors. .The New York Mercantile Exchange, May crude oil futures surged more than 5 dollars, after hitting $ 68.09 a barrel, which is since last September front-month contract since the highest price. .London Brent crude also rose more than 4 U.S. dollars, after hitting $ 69.00 a barrel. .</ P> <P> traders on concerns about supply and demand will push oil prices high. .27 On the New York Mercantile Exchange, light sweet crude for May delivery closed at $ 62.93 futures price is the highest closing price since the beginning of this year. .London's International Petroleum Exchange in May Brent crude futures rose 19 cents a barrel to close at $ 64.60. .</ P> <P> Recently, the Petroleum Exporting Countries (OPEC) second largest crude oil producer Iran and the strained relations between Western countries and investors worried about Iran cutting off oil supplies to western countries. .The weather forecast shows that the Gulf Coast hurricanes this year may face more attacks, oil supply may be affected. .Supervision of crude oil basket price of 26 on average $ 59.95 a barrel, sharply higher than the previous trading day 1.03 dollars. .</ P>.

No comments:

Post a Comment