Colosseum a.s. (Colosseum a.s.)
Commodities  |  October 05, 2012 08:35:28

Oil strongly reinforced

ColosseumOil price yesterday rose most strongly in the last two months. Absolutely so was deleted strong price drop, which occurred the day before due to surprisingly high production of oil in the U.S.. The main reason for yesterday's price increase, the growth of the euro against the U.S. dollar. Euro against the USD yesterday received a two-week maximum. To expensive but also contributed rift between Syria and Turkey. Grenade that landed on the Syrian side of the border on Turkish territory killed five local residents and Turkey now plans to return to military action in Syria. The November crude oil yesterday CME strengthened by 4.1% to $ 91.71 per barrel.

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