Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 17, 2012 10:08:33

WTI again strengthened

ColosseumFor the first time in the last three months the price of U.S. light crude oil (West Texas Intermediate) stock climbed to the New York Mercantile Exchange in excess of $ 95 per barrel after a number of new building permits issued in the U.S. came up in July for the last four years. They rose because prices of stocks, the Standard andamp; Poor's 500 is the highest since April. WTI strengthened for the third day in a row, the last contract in September improved by 1.27 dollar (1.3%) and closed at $ 95.60 a barrel. Intraday maximum of $ 95.75 per barrel was the highest price reached since 14 of May. Up went the price of Brent oil. The contract to be delivered in October to close at 115.27 dollars a barrel, plus 96 cents. Converted to euros, the price of Brent crude oil highest since 2008. and # 160;

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