North Sea Oil

The crude oil prices can be compared with the ups and downs of the last few days moving little today until the afternoon. LEIPZIG. (Ceto) The crude oil prices can be compared with the ups and downs of the last few days moving little today until the afternoon. US light oil (WTI) cost around 81,60 dollars; North Sea oil (Brent) about two dollars more. This corresponds to approximately the day output values. Overall, a slightly firmer undertone ruled until the opening of floor trading. This is however to see that the price of crude oil as a like used object of speculation apparently only occasionally corresponds with fundamentals before the basic finding.

The record-breaking stocks and the low demand often overlook the financial speculators. If industry messages are heard, they are usually those which have the potential to generate profits. It is not excluded that news leads once more, that the prices are increasing. Paula’s doing in the Gulf of Mexico tropical storm”be possible, loose that he threatened plants. Also the strike in France has expanded: in addition to the tankers, waiting for their discharge before Marseille, now eleven of twelve French refineries work strike takes place. Internationally, according to esyoil analyst Klaus Bergmann, the strike is however insignificant”.

An impact on oil prices in southern Germany is still cannot be ruled out. Furthermore, the Organization of the petroleum exporting countries (OPEC) has slightly lifted its oil demand forecasts. As expected, the local heating oil prices have today only slightly changed. You grew up 9 cents to 68,55 euros per 100 litres. This value is the national average for a supply of 3,000 litres heating oil EL. Bailey estimates that interplay between the dollar and oil prices supported the move sideways of in heating oil prices in the next few days. The influences of the physical olmarkts showed for quite some time”as well as no effect. In southern Germany it could be these reasons to Get price increases. The graphics on the energy Portal show the development of the domestic fuel oil prices in the national average, and in the individual federal States in the section of market data. Regional deviations are possible due to the market at any time.

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