Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 23, 2012 09:37:28

WTI Crude oil continued to rise

ColosseumU.S. light crude improved during Wednesday's trading on Globex their three-month highs. One factor was the Department of Energy published data on the development of commercial oil stocks in the United States. In the past week, there is a drop of 5.4 million barrels, according to a survey by Bloomberg was expected to decrease inventories only about 250,000. Was also published the minutes of the last meeting of the FOMC (Federal Open Market Committee), whose members three weeks ago indicated that they will soon need to support the development of the economy further easing monetary policy. Most actively traded October contract for WTI so yesterday gained 42 cents to close at 97.26 U.S. dollars a barrel, the highest closing price since 7 May. On the ICE Futures Europe traded Brent crude have risen by 27 cents and ended the day at 114.91 dollars a barrel. and # 160;

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