The crude Oil prices rose today in Asian electronic trading, after rising on the stock exchanges in Asia. The U.S. light crude for delivery in June increased its value by 69 cents to 70.73 dollars a barrel. Trading of raw material, however, moved uncertain, the price is low or below $ 70 because of ongoing concerns about the ability of governments worldwide to pay its obligations, as well as uncertainty about future monetary policy of China. London’s Brent North Sea add 31 cents to 71.99 dollars a barrel. Asian stock markets for the new week started hesitantly, but then the major indexes began to show a profit. Growth stood at the head of the shares of Chinese construction companies due to rising hopes that Beijing may slow the tightening of measures to curb booming realty sector. Shanghai Composite added over 3% of its value, while Hang Seng Index rose 0.6 percent. In India, the Sensex has advanced by 1.2 per cent in Korea is up to 0.4%. Exception to the general picture made Japanese Nikkei 225. Light finish trade fell by 0.27 per cent. Dark mood in Japan was driven by concerns about possible “contamination” disease “debt crisis”, vihreshta on the Old Continent.
According to analysts cited by the AP, problems of Europe are “bomb” explosion which would certainly cause heavy damage in Asia.