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		<title>The price of crude oil jumped with 4%</title>
		<link>http://financial-com.info/2010/02/the-price-of-crude-oil-jumped-with-4/</link>
		<comments>http://financial-com.info/2010/02/the-price-of-crude-oil-jumped-with-4/#comments</comments>
		<pubDate>Tue, 16 Feb 2010 21:21:12 +0000</pubDate>
		<dc:creator>Viliyana Filipova</dc:creator>
				<category><![CDATA[Crude Oil Price]]></category>
		<category><![CDATA[crude oil]]></category>
		<category><![CDATA[Crude Oil Earth]]></category>
		<category><![CDATA[Earth]]></category>
		<category><![CDATA[Greece]]></category>
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		<description><![CDATA[The price of crude oil increased sharply in the past day and the quotations passed over 77 dollars a barrel. Major role it played for speculation that Greece will not need support from the EU to cope with the limitation of their budget deficits. This led to strong growth in the price of the euro, [...]]]></description>
			<content:encoded><![CDATA[<p><a title="Crude Oil Earth" href="http://financial-com.info/wp-content/uploads/2009/12/Crude_Oil_Earth.jpg"><img class="alignleft size-thumbnail wp-image-81" style="border: 1px solid black; margin: 5px;" title="Crude Oil Earth" src="http://financial-com.info/wp-content/uploads/2009/12/Crude_Oil_Earth-150x150.jpg" alt="Crude Oil Earth" width="150" height="150" /></a>The price of crude oil increased sharply in the past day and the quotations passed over 77 dollars a barrel. Major role it played for speculation that Greece will not need support from the EU to cope with the limitation of their budget deficits. This led to strong growth in the price of the euro, which restored much of the lost against the U.S. dollar in recent days. The single currency rose to 1,3770 EUR / USD, having risen to 1.28 percent yesterday. However, since November the euro is moving with a decline of 9 percent. For the positive sentiment in the oil market influences and optimistic ending the session on the New York Stock Exchange. Because good news for the region&#8217;s manufacturing activity in New York yesterday, the shares registered in the U.S. growth rates. As a result of all this, within yesterday&#8217;s trading session in New York, U.S. light crude rose by as much as 3.9 per cent (2.88 dollar) to 77.01 dollars per barrel. Thus was achieved the highest growth of 30 since September last year. Night quotes continued its upward movement this morning and move to more growth of 0,5 per cent to 77.37 dollars per barrel.<br />
<span id="more-310"></span>Yesterday in London, Brent crude oil by increasing its price by 4,4 percent to 75.68 dollars per barrel. Brent barrel this morning quoted with an increase of 0,3 percent to 75.89 dollars.</p>
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