The Crude Oil prices rose significantly yesterday, which brought the quotations to their highest level in 17 months. Major role played this retreat of the dollar, which yesterday fell 0.7 percent against the euro. The decline in dollar gaining strength and now March 25 dollar index has lost 1.3 percent of its value. This triggers an increased interest in investing in raw materials and helps the price of oil. Yesterday in New York oil price with delivery in May rose 1.7 percent to 83.76 dollars a barrel. So quotations have reached their highest level since October 9, 2008 to date. In times of e-commerce and optimism was chilled with black gold retreated 0.4 percent to 83.43 dollars a barrel. This is mainly due to the surprise drop in U.S. jobs last month, and the unexpectedly high growth of oil stocks in the U.S. economy. Tomorrow the stock exchange in New York there will be no trading session, as the Christian world prepares to meet on Easter. Exchange in London yesterday of Brent oil rose 1.8 percent to 82.70 dollars a barrel.
This morning there is a retreat of 0.35 percent and barrel Brent with delivery in May traded at 82.40 dollars.