The crude oil prices sank sharply in the past day, as the quotations lost nearly 3 per cent. The reason for this was lowering the credit ratings of Greece and Portugal, which led to a serious sell off in global markets. The problems of two European countries came to the U.S., leading to decline in the leading stock indexes in the country yesterday. Exchange in New York on Tuesday with oil contracts in June delivery lost 2.1 percent to 82.44 dollars a barrel. The night of quotations continued to retreat, sinking below 82 dollars a barrel, but this time managed to have stabilized at 82.12 dollars a barrel. The reason for this stabilization has become part of the recovery of lost items of the euro, which rose after a strong decline from yesterday. This morning the single currency is exchanged at 1.3211 dollars per euro after yesterday fell below 1,32 EUR / USD. Yesterday in London, Brent crude from oil fell 1.2 percent to 85.78 dollars a barrel.
Read the full story

