The crude oil prices run over $ 78 a barrel, which has long stopped falling over the last five working days, the agency reported Reuters. And the reason for the sharp rise indicates the suspect standing in addition – the weakening of the dollar, but concerns about increased demand for energy resources and signs of recovery in the global economy. Contracts for U.S. light crude for delivery in February, have added very quickly to the price of 64 cents to $ 78.64 a barrel after the beginning of Asian trade today was reported quarterly decline to $ 77.29 a barrel. The price of London’s variety “Brent” add less – 43 cents to $ 77.54 a barrel. Today in the U.S. markets are closed and oil traded volumes were small, pointed brokers. They even admitted to the upsurge in prices is short-lived. According to Reuters the current oil prices are 50 percent lower than the historical maximum of $ 147 a barrel reached in July 2008. International Energy Agency (IEA) announced that the termination of economic incentives may be a threat to oil demand this year, which will increase its price.
Cold in countries which are among the biggest consumers of oil did not significantly affect the overall demand for oil worldwide, specified by IEA. The agency lowered its forecast for global demand for oil by 20 000 barrels per day.