Colosseum a.s. (Colosseum a.s.)
Commodities  |  February 22, 2013 08:35:33

Higher supplies sent oil below

ColosseumOil in recent months, although rather more expensive, so yesterday quite noticeably cheaper U.S. government after the publication of a report on the status of its inventory. These, according to the report given up since last July. Last week, total oil stocks rose by 4.14 million barrels to total 376.4 million. At the same time the expectations of analysts surveyed by Bloomberg was for growth of just 2 million barrels. The decline also contributed statements by representatives of the Federal Reserve, who are considering the limitations of the current rate of redemption of bonds. The April crude oil fell yesterday on the CME of $ 2.38 to $ 92.84 per barrel.

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