Colosseum a.s. (Colosseum a.s.)
Commodities  |  August 22, 2012 09:06:28

Oil at new highs (22 August 2012)

ColosseumMaximum from 10 May this year, the price closed Tuesday's U.S. light crude oil trading on Globex. Contract expiring in September strengthened during the day by 71 cents and ended the day at 96.68 U.S. dollars a barrel. Already the most actively traded October contract a raise of 58 cents and closed at 96.84 dollars per barrel. The oil market was supported by positive developments in the equity markets and reports that Germany is willing to make concessions regarding the solution to the crisis in Greece. German Chancellor Angela Merkl and French President Francois Hollande have scheduled a meeting on Thursday with Greek Prime Minister Antonis Samaras. Pointing upward and Brent. The October contract had closer of $ 114.64 per barrel, plus 94 cents, compared with the conclusion of Monday's trading. and # 160;

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