Friday, 05 August 2011 14:17

Week End's Summary

In the last few days, after an almost-bankrupt, the US dollar enhanced, the crude oil prices fell and the stocks almost sold out.

The dollar index climbed 1.79 percents. WTI sweet oil dropped almost $5.30 this week, with an actual price of $86.60 per barrel. The European light oil, Brent shows also lower prices: $108.20. “Good News” for the average people: the US gasoline prices lost 19.41 cents to an actual price of $2.73 per gallon.

p> According to the U.S EIA (Energy Information Administration), the stockpiles rose by 1 million barrels to 355 millions. We can already speak about a global sellout. However, it is not sure, how long this will be so.

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