Saturday 12 February 2011

The oil price is accepted to USD 91


International oil price Gao Wei oscillates three geologic changes to turn rate breakthrough to raise red line
On December 31, 2010, international crude oil forward price with 2007 of the tallest year-end closing price report accept, commodity exchange in New York is accepted to USD 91.38 per bucket the oil price on that day, cloth Lun in market the North Sea, London especially the oil price is accepted to USD 94.75 per bucket.
Be subjected to a good data of economic benefit and reduce the heat a forecast push, the international crude oil market makes a good beginning now in the first bargain sunrise on January 3, 2011, New York and market oil price all small in London soar.
Though connect down an oil price to start a vibration slump condition of the market, still about USD 90 per bucket go back and forth.Because oil pipeline way in Alaska re- opens and parts of Europes wear a gram of member to raise crude oil yield, international oil price in New York market on January 18 small slump, the oil price is accepted to USD 91.38 per bucket.

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