The price of crude oil has taken up during today’s e-commerce in Asia and losing his series broke the previous five sessions. Energy input has made its lowest price level since the beginning of the year yesterday, and fell below $ 70 a barrel, which tempted some market participants. The price of U.S. light crude rose by 0.8 percent to 70.64 dollars a barrel during electronic trading today after the session ended yesterday with a fall of 1.53 dollars to 70.08 dollars per barrel, which is lower price level for the past five months, announced Bloomberg. Feedstock for energy fell slightly to 69.27 dollars a barrel yesterday because of the strong appreciation of the dollar caused by lower risk appetite of investors. U.S. currency rose to 1.2335 dollars per euro, noting its highest level against the euro over the past four years. Brent with delivery in July, meanwhile, a more expensive one percent to 75.85 dollars a barrel in today’s electron hours trading on the London Petroleum Exchange. Oil futures dropped by 2.83 dollars or 3.6 percent, to finish yesterday’s session at a level of 75.10 dollars a barrel.
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The main stock indexes in the U.S. began to decline for the first trading week, continuing losses from the previous two sessions. Literally in the last minutes before the close of the market, however, shares began to recover and could be out of positive territory, although a few hours earlier had achieved reductions of around 2%. In bearish sentiment on the day stood back to Greece worries and debt problems in other European countries. Negative forecast disclosed in the chain stores for household goods Lowe’s Cos., Also outweigh the market. “The market and its players do not believe that the plan for Europe associated with the suspension of high costs and reducing debt will work without first have a significant impact on the economy,” Kevin told MarketWatch Gidis brokerage company of Morgan Keegan. For registered gains against the backdrop of these concerns helped technology stocks and those in the field of trade. Dow Jones Industrial Average rose 0.06 percent to 10,267 points, the broad S & P 500 recorded a growth of 0.1 percent to 1137 points, and Nasdaq Composite increased in value by 0.3 percent to 2354 points. Chain Lowe’s Cos., Which is second largest sector in the U.S., announced yoy growth of 2.7 percent in profit to 489 million dollars for the first fiscal quarter ending in late April. The result was higher than average forecasts of analysts, but they remained disappointed by the export outlook for the current quarter.
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