Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 05, 2013 08:35:33

Crude oil fell the most in two months



ColosseumPrice increase for almost all last week was yesterday cleared during a single trading session. The reasons for such a price reduction was 2 - Political strife in Spain and the Middle East. In Spain, the local opposition has been demanding the resignation of Prime Minister Rajoye. Spain is among the countries currently most affected by the debt crisis and fears that in the event of changes in the political cast would be compromised and the current exchange rate of local economic policy. As the Middle East is concerned, the resumption of talks between Iran and the U.S., especially in the Iranian nuclear program. The March crude oil yesterday at the CME finished a decrease of $ 1.6 to $ 96.17 per barrel.

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