Monday, 10 September 2012

Crude Oil Prices Up Significantly

                    Starting today Crude Oil Prices Up Significantly, This news expressed at the end of trading on the exchange Nymex on Friday (7/9) early this morning. From the news i have been heard, the rising oil prices is caused by ECB President Mario Draghi announced specific plans for a program of buying government bonds of debt troubled countries in the euro area.this is strengthened by the ECB deal with the expressed approval for the purchase of unlimited government bonds the countries in the euro area.
                     The same is disclosed from the united states.according to relevant sources, American crude supplies fell by .43 million barrels and the biggest drop since December. Due to the decline in supply, then the price of crude oil united states also have increased. recent news states that Crude oil futures for October delivery rose looks 17 cents and closed at 95.53 dollars a barrel. Crude oil prices earlier this had increased by 2.5% and reached 97.71 dollars in trading positions last night.

related source : http://berita.liputan6.com/read/435439/harga-minyak-menguat-signifikan 

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