Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 20, 2012 10:39:33

The price of oil over the past week rose again

ColosseumU.S. light crude (West Texas Intermediate) traded on the New York Mercantile Exchange rose for the third week in a row. This helped some positive economic data coming in the end of the week from the United States and geopolitical uncertainty caused by possible Israeli attack on Iran, which could threaten the fragile stability in the Middle East. Most actively traded September contract for U.S. light crude oil closed on Friday at the price of $ 96.01 per barrel. For the week, the price went up by 3.4 percent from the beginning of the month then already by 9 percent. The closing price was the highest since 11 May. The October Brent crude traded on the ICE Futures ended the week at 113.71 dollars a barrel, the price of the AIU during Friday's trading května.and climbed up from # 160;

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