The price of oil futures go up for the first time in four days after nearly three weeks of decreases in the price of energy resources. During today’s e-commerce in Asia, oil briefly rose above $ 74 a barrel, after economic data from Japan showed that industrial production rose in December, while unemployment has experienced the decline. U.S. light crude for delivery in March, slightly more expensive by 0.1 percent to 73.70 dollars per barrel in today’s times of e-commerce exchange in New York. Earlier today the price jumped to 74.03 dollars per barrel. By the end of yesterday’s session, oil futures fell by 3 cents to 73.64 dollars per barrel. This is their lowest closing levels of 21 December. Since the beginning of this month, the energy input is depreciated by 7 percent and is on track to record its first decline in monthly basis for the past six months. Oil prices ended the last trading session of the 2009 level of 79.36 dollars per barrel on 14 January and is now trading below that level.
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The U.S. economy has a serious request to exit the severe economic crisis, it became clear from data on gross domestic product in the last quarter of 2009. It grew by 5,7 per cent in seasonally adjusted and aligned on an annual basis. This is the sharp rise in U.S. GDP by the end of 2003 onwards. The increase comes after the U.S. economic growth of 2,2 per cent in the third quarter of 2009. Analysts’ estimates were for growth of 5.4 per cent. Despite the high score, however it is too early for definitive evaluations Since several revisions to the data. Although over the last two quarters of 2009 to the U.S. economy grew for the whole last year reported a decline of 2,4 per cent. This is the worst performance of the U.S. economy from 1942 onwards, when it was registered a decline of 10.9 percent. Among the positive data make a bad impression with business investment, which suffered its biggest decline from 1942 to date, writes Market Watch. About two-thirds achieved in the last quarter of the year growth was due to selling of stocks in the economy. If they are removed from the calculations, the estimated growth of 2,2 per cent annually, which is a signal of continued weakness in the U.S.
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