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Posted by adminNY on April 28, 2020
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The price structure more clearly in favour of refuelling and fuel oil remains a relatively cheaper energy sources. LEIPZIG. (Ceto) Crude oil prices have risen slightly until the afternoon. The barrel of US light oil (WTI) cost less than 84 dollars; at deadline North Sea oil (Brent) amounted to over $85. The price gain was accompanied by friendly stock markets and the dollar losses. Thus continues the tight coupling of the crude oil price on the foreign exchange to be observed during the last months: dollar up, oil down and vice versa.

New impulses are of the US inventory data as well as the Federal Reserve FED expected the session affected the value of the American currency whose monetary policy, what not without impact on the commodity markets will remain. For the time being, investors await. Against the backdrop of the U.S. dollar, also the recent statements from Saudi Arabia are likely to be to understand. While the promotional cartel OPEC has pleaded for a price range between 70 and 80 dollars, she has now According to this split.

There is now talk of a barrel price of up to $90. Thus you want to apparently compensate for the loss in value of the dollar. The local heating oil price increased, however today as expected easily. Opposite yesterday rose to 67,68 euro the costs per 100 litre batch delivery of 3,000 litres heating oil EL, 32 cents more than on the previous day. The price structure more clearly in favour of refuelling and fuel oil remains a relatively cheaper energy sources. Because: In the middle of the inflation-adjusted price was in the last 35 years 45 euro cents per liter. Today you’ll pay around 65 cents. This price is among other things by the increased costs of promoting in recent years reason. “, so esyoil – analyst Klaus Bergmann. These costs will continue to rise in the coming years. Oil must be encouraged in increasingly difficult environments for days.

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