Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 03, 2012 08:35:33

Crude oil fell after a speech Draghi

ColosseumAfter the President's speech, Mario Draghi, began to weaken quite significantly as stocks and futures contracts on just oil. This happened because the market had expected some form of performance to help the European economy or countries affected by the debt crisis. However, Mario Draghi at this disappointment, when his speech was confined to general statements such as belonged to him between the ECB will do utmost to protect the euro. However, the specific plan for the eventual redemption of bonds or other similar move many expected has not been published. The September crude oil in New York yesterday concluded a decrease of $ 1.78 to $ 87.13 per barrel.

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