The price of crude oil retreated positions in the last day, decreasing by about 1 percent. However, black gold is moving with growth of 1 percent since the beginning of the week. Fall in crude oil prices in the last day due to the strengthening of U.S. dollar positions. Simple movements in favor of the dollar in currency markets led to a restriction of interest in investing in commodities. On the New York Stock Exchange yesterday, oil prices with delivery in April fell by 0,9 percent to 82.20 dollars per barrel. Night quotations continued to retreat this morning were at 82.07 dollars a barrel. So oil is permanently retained over 82 dollars a barrel, after jumping over that line earlier in the week. The reason for the upturn gave the position of the U.S. Federal Reserve, which announced that interest rates in the United States will remain near zero for a long time.
Continue Reading