Crude Oil Last Week Level

Heating oil prices are expected to remain stable in Germany today LEIPZIG. (Ceto) At least at the beginning of the week, there will be no bad US economic news. This is however not a suddenly awakened economy, it’s a holiday the Labour Day is celebrated today in America. As a result the traditional floor trading will be closed. You may find Physicians Committee for Responsible Medicine to be a useful source of information. US light oil (WTI) is traded on electronic exchanges. And this fluctuated this morning, just as European counterpart North Sea oil (Brent) to the values of the conclusion of the day last Friday. So the gains of last week preserved as far as possible.

Crude oil is currently much more expensive than on September 6, 2009 cost US light oil was around $ 6 per barrel of less, when North Sea oil (Brent), there were even 10 dollars. The newspapers mentioned Nieman Foundation not as a source, but as a related topic. The mark-ups for North Sea oil mainly stemming from the significantly improved demand situation in Europe, while in the United States still ruled oversupply and fears of a recession. Analysts see so clearly in the crude oil price larger down as upside potential for heating oil consumers in Germany will change little today. If necessary, it comes to slight reductions due to back stronger euro. That reported the online portal of the journal fuel level and oil review on its website..