Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 13, 2012 10:39:28

Oil on the losing end of the week

ColosseumWorse than expected data on the development of China's exports and reduce the International Energy Agency forecast on the development of oil demand is signed below Friday's slight decline in U.S. light crude oil prices and Brent crude oil. In July, exports grew from China by only 1 percent, while last month it was 11 percent. IEA estimates demand fell by 250 thousand barrels per day to 89.60 million. On Globex traded U.S. light crude oil (West Texas Intermediate) to be delivered in September went down by 49 cents to close at $ 92.87 a barrel. Brent lost 27 cents to close at ICE Futures Europe exchange on the value of $ 112.95. and # 160;

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