The Oil price increase over the past day, which probably will offer a weekly rise of raw material. Appreciation gave rise to speculation that demand for oil in China will increase along with the acceleration of economic growth. On the New York Stock Exchange yesterday, with oil delivery in April ended the session with a minimum increase of 2 cents to 82.11 dollars a barrel this morning quotes add another 0.1 percent to 82.20 dollars per barrel. The price of black gold is moving with an increase of 0,9 percent for the week after the previous increase was reported from 2,3 per cent. Yesterday the price of oil make change direction several times, which was caused by movements in foreign exchange markets. They even were influenced by a series of news about the trade deficit and initial unemployment in the United States. This morning the currency pair euro / dollar is quoted at 1.3694 EUR / USD, which represents a minimal increase for the euro.
The Exchange in London yesterday of Brent crude oil fell by 20 cents to 80.28 dollars per barrel. Today, even the April futures risen to 80.35 dollars per barrel.

Tags: crude oil, New York Stock Exchange, price of crude oil, USD

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