Friday, 19 August 2011 13:22

Crude Oil Prices Dropping Again

At the end of the week, the crude oil prices dropped down $3, again. A barrel of Brent crude costs $108.12 and the US light oil WTI $81.35. The tension on the raw material stocks gets bigger and bigger.

To the factors belong the data's of the economy of the United States, the higher consumer prices and the growing unemployment, but also the strengthen dollar influences the exchanges on the market. However, Morgan Stanley's trimmed growth prognosis impacts the psychics of the traders.

The DPI, American Petroleum Institutes, showed false datas about the actual economy status, which gave traders false hopes. The profit turned in disappointment.

Another sign, that our economy isn't stable at all.

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