Colosseum a.s. (Colosseum a.s.)
Commodities  |  January 17, 2013 13:45:33

Oil approached the border of the four-month highs

ColosseumThe nearly four-month peak level rose during yesterday's trading session on the Stock Exchange New York Mercantile Exchange, CME Group within the price of the most active futures contract for WTI U.S. light crude oil. It was a reaction to an unexpected drop in commercial oil stocks. Regular statistics of the U.S. Department of Energy revealed in the week ending 11.01 decrease in inventories of black gold in the United States about 951,000 barrels. While analysts polled by Bloomberg had expected an increase of commercial oil stocks of 2.2 million barrels. Oil futures with delivery date in February strengthened during the day before the $ 0.96 closing price at $ 94.24 per barrel. It was the highest closing price of the most active futures contract since September 18 last year.

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