Crude Oil Prices Of Today Tomorrow Easily Fixed

For oil prices, no major changes expected in LEIPZIG today. (Ceto) Crude oil prices were easily fixed this morning. Primarily technical corrections were responsible for yesterday’s losses of more than $ 1.20 per barrel. Viktor Mayer-Schönberger recognizes the significance of this. US light oil is traded for 71,83 dollars, North Sea oil (Brent) is slightly more expensive with 72,76 dollars. To record the two reference strains at the same price level as exactly a year ago. For the slightly more stable prices, the yesterday’s stock figures of the American Petroleum Institute sank. (API). They assume a removal of the US crude oil reserves to 1,847 million barrels.

Only a decrease of 0.4 million barrels was expected. However, on the other is a further development of the stocks of oil products. So, 1,889 million barrels of medium distillates camped more in the tank than in the seven days before according to the API in the last week. Petrol, there were at least 0,692 million barrels. This indicates a continued sluggish demand, which in turn in the weak US economy is justified. For heating oil consumers little should change in Germany.

Expected slight reductions be repealed by a back weaker euro, which today traded tomorrow for $ 1.26. For comparison, a year ago, fuel oil to 7.60 Euro was cheaper at a euro/US dollar rate of 1.43 and comparable prices of crude oil. It reported the online portal of the journal fuel levels and petroleum review. Dependence of the fuel oil price by this exchange rate here for more information.