Colosseum a.s. (Colosseum a.s.)
Commodities  |  April 03, 2013 08:35:28

Optimism regarding the U.S. economy went above WTI oil

ColosseumEven yesterday did not stop WTI crude oil price, which was the fifth of the last six trading days. Helped growth in U.S. factory orders, which amount exceeds expectations and they helped to grow not only oil but also in the U.S. equity markets. Factory Orders for February rose highest pace in the last five months. Helped particularly high demand for motor vehicles and aircraft. This information was another of those that indicate the improving condition of the U.S. economy, which would automatically mean higher demand for oil. The May crude oil closed yesterday on the CME to rise by 12 cents to $ 97.19 a barrel.

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Optimismus týkající se U.S. ekonomiky táhl ropu WTI výše

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