The crude oil prices started the new week with a promotion that night after Barack Obama announced that he had agreed to lift the ceiling on the debt of the United States. This prompted optimism in the market since at least in the short term threat of default on U.S. debt disappeared. The electronic platform of the New York Stock Exchange oil contracts for delivery in September increased its price by 1.2 percent to 96.87 dollars per barrel. Earlier in the night the price of black gold moved with an increase of 1.7 percent. Traded in London Brent oil price increases with 1.2 percent to 118.15 dollars a barrel.
The increase in oil prices contributed data to higher than expected manufacturing activity in China. The index, which tracks attitudes of managers in the sector has given way to 50.7 points in July. Expectations were to shrink to 50.2 points in June after its value was 50.9 points.

The price of crude oil returned below $ 100 a barrel in electronic trading today in Asia after the session ended yesterday with a minimal increase, holding up over 101 dollars a barrel. The U.S. light crude for delivery in April cheaper by 1.7 percent to 99.48 dollars per barrel, as many factories, power plants and oil refineries in Japan remained closed for a second day today due to damage caused by the devastating earthquake on March 11. The six closed refineries processed 29% of the country’s imported crude oil. This could reduce demand for energy raw materials from the third-largest economy in the world after USA and China. In regular trading yesterday in New York oil rose 3 cents to 101.19 dollars per barrel. In the early hours of the trading price dropped to 98.47 dollars. The reason for this accident occurred in nuclear reactors of nuclear power in Fukushima, which raised concerns about the safety of nuclear power worldwide. The EU Energy Commissioner Guenther Oettinger said the upcoming rigorous view of safety standards in European reactors could lead to suspension of some of them transmit Wall Street Journal. In the event that a reduction of nuclear facilities in Japan and other major countries, this may increase demand for oil for energy generation, say analysts. For small increases in oil prices yesterday helped and unrest in the Middle East after Saudi Arabia sent troops in Bahrain.
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The price of oil is about to finish first week of decline for the last month amid signs of weakening U.S. demand and inconclusive economic data for the country. They failed to counteract concerns about the curtailment of supplies from Libya, under whose influence oil reached its highest price level since September 2008 earlier this week. The U.S. light crude for delivery in April cheaper by almost 1% to 101.73 dollars a barrel in today’s electronic trading on the New York Petroleum Exchange. U.S. economic data yesterday showed that new applications for unemployment benefits increased more than expected, highlighting the poor state of the labor market in the country. The price of oil pressure and the increase in proved reserves of crude oil in the U.S. last week. Analysts told that high crude oil prices are now entirely due to the Middle East conflict and taper off their energy raw materials will become cheaper due to near record large U.S. oil stocks. The lack of more robust signs of expansion in economic activity in the U.S. will also limit the appreciation of light crude oil. Its price fell 1.6 percent yesterday to 102.70 dollars per barrel. Since the beginning of this week, the variety traded in New York has dropped by 2.6 per cent.
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The crude oil prices began the new week with a sharp rise, extending its rally from last week. This morning, black gold advanced by 1,7 per cent since the previous price jumped nearly 7 percent. Today the stock exchange in the U.S. lightest crude for delivery in April added 1.7 per cent (1.76 dollar) to 106.18 dollars per barrel. This is the highest price of the raw material from September 2008 until now, since the beginning of the year, oil has appreciated by 16 per cent targets. This appreciation has led the U.S. administration to consider opening the strategic petroleum reserve of the country to counter the sharp appreciation of her. For now, however this news has no impact on the market. The Stock Exchange of London Brent oil also more expensive, adding 1 percent to its price in the first hours of the new trading week. So quotations reached 117.14 dollars, which remains near the highest level this year – U.S. $ 119.79 zabarel registered on 24 February. The analysts quoted by the media, the main reason for the appreciation of the black gold is happening in Libya. African country in a normal atmosphere produces 1.6 million barrels per day, production has contracted by about 1 million barrels. Expectations are that amount to be offset by increased production in Saudi Arabia.
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The crude oil prices headed to their third straight weekly increase, as of early this week has risen by 4.2 per cent. With a major influence on this situation in Libya, but largely to the rising cost of raw materials influence and positive news for the labor market in the U.S. The crude oil sighed its longest positive series of 8 October now, as then recently been reported increase in commodity prices in three consecutive weeks. Yesterday in the U.S. the crude oil contracts for delivery in April decreased by 0.3 percent to 101.91 dollars per barrel, but at night the quotations rose 0.8 percent to 102.72 dollars per barrel. The London Stock Exchange yesterday the price of the Brent oil slid 1.3 percent to 114.79 dollars per bar. During the Asian trading, however, black gold make up the majority of lost and today Brent again points to 116 dollars a barrel. The crude oil market had some relief yesterday after speculation that Libya will start negotiations with the opposition in control of a broad international committee. This information, however, was rejected by Tripoli and took up quotes again.

The crude oil prices rose sharply to their highest levels since 2008, and gold continued to become more expensive for the sixth straight day, going over 1400 dollars an ounce for the first time in seven weeks. The occasion is the expansion of civil unrest in the Middle East and North Africa. Escalating violence in the third-largest oil producer in Africa – Libya made several major oil companies to suspend their operations in the country and to evacuate their foreign staff. The shares in European and Asian companies operating in the Middle East, fell heavily in today’s session. Stock markets in the U.S. will be closed for national holiday. U.S. light crude for delivery in April, rising by 4.2 percent to 93.49 dollars a barrel in electronic trading on the New York Petroleum Exchange today. Brent crude, meanwhile, dealt with an increase of 2.4% to nearly 105 dollars a barrel, its highest price level for the past two years. The gold, meanwhile, rising by 1% to 401.60 dollars an ounce as investors sought refuge in it against the backdrop of political uncertainty in the Middle East and North Africa. Earlier today the price of gold for delivery in April jumped to 1,404 dollars an ounce. The silver hand rose to 33.5175 dollars per ounce, exceed 33 dollars for first time in 30 years.
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The crude oil prices rose sharply yesterday and the stock ended trading at its highest level in 17 months from 86.62 dollars a barrel. Quotations remain near those levels, and during today’s e-commerce in Asia. The economic optimism of investors caused by the increase in employment in the U.S. and activity in the services sector in March, lifted oil prices to the highest level since October 2008 so far yesterday on the New York Petroleum Exchange. Rising prices reflect the expectations of market participants that demand for energy raw materials will increase the recovery of U.S. economy. U.S. light crude for delivery in May rose 1.75 dollars to finish yesterday’s session at a level of 86.62 dollars a barrel. During today’s e-commerce in Asia oil futures slightly cheaper by 16 cents to 86.46 dollars a barrel. Since early this year their price has risen by 9 per cent. Tomorrow the weekly report by the Ministry of Energy of the United States will show whether crude oil reserves of the country have increased for the tenth consecutive week. Meanwhile, Brent crude oil traded for 85.60 dollars a barrel in today’s electronic trading on the London oil market by reducing its price by 28 cents compared to yesterday’s closing level.
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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.
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The crude oil price fall for the sixth consecutive session in Asian trade today because of this that the stocks of raw material is more than sufficient to meet demand, which will be very slow recovery to the economy. Oil prices continue to be quoted under $ 78 a barrel after Qatar’s Energy Minister Abdullah al-Atiya said yesterday that the Organization of the countries of exporters of oil will not change their production quotas. U.S. light crude oil with delivery in February fell by 93 cents, or 1.2 percent to 77.07 dollars a barrel in Asian trade but then recovered positions to 77.87 dollars per barrel. Last week’s contract was down by 5.7%, which was first decreased by five weeks onwards. Brent with delivery in March fell 72 cents, or 0.9 percent to 76.39 dollars a barrel in electronic trading on the London Stock Exchange.
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The price of crude oil remains near the level of 79 dollars a barrel during electronic trading today in Asia in anticipation of the latest data for this year the Ministry of Energy in the United States. Economists expect that stocks of crude oil, the largest economy in the world fell for the fourth consecutive week in the seven days to December 23rd. Estimates are for a decrease in U.S. oil reserves of 1,85 million barrels once during the previous week, they fell more than expected by 4,9 million barrels. U.S. light crude for delivery in February, slightly more expensive by 0.3 percent to 79.08 dollars per barrel in today’s times of electronic trading on the New York oil exchange. Crude Oil futures ended Tuesday’s session in a price increase of 10 cents to 78.87 dollars per barrel. This is their highest price level since mid-November date. For the past five trading sessions oil has risen by nearly 9 percent, and the beginning of this year the price of energy raw materials has risen by 77 per cent. Within the past decade it has increased threefold, according to Bloomberg. Appreciation of the dollar in December, however, act as a brake on growth in the oil price.
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