Monday, July 30, 2012

A barrel of oil rose to 89.97 dollars

A barrel of oil rose to 89.97 dollars 
The cost of the August futures on U.S. light crude oil WTI (Light Sweet Crude Oil) in electronic trading in New York as of 08.36 GMT rose by 0.19 dollars or 0.21% - up to 89.97 dollars per barrel.
The cost of the September futures for North Sea petroleum mix of mark Brent fell by $ 0.02, or 0.02% - up to 106.18 dollars per barrel, reports RIA "Novosti".
World oil prices show mixed performance on Tuesday against the desire of the market for caution on the eve of the beginning of a two-day meeting of the Federal Open Market Committee Federal Reserve.

 
This week is also expected the ECB meeting at which investors will be watching with no less attention. "The dynamics of oil prices, as in most of the assets is not very strong. Market participants are encouraged by the statements (of the ECB Mario) Draghi, but we will wait for real confirmation to him, "- said the chief market analyst at CMC Markets in Sydney Rick Spooner, quoted by Bloomberg.
Fear is the uncertainty and the continuing debt to Greece. The leaders of the ruling coalition on the eve could not agree on reducing the cost of 11.5 billion euros, which is a prerequisite for the next tranche finpomoschi from international lenders.
Greece threatens to have defaulted on August 20, if it does not receive the next tranche of credit support from outside or can not take on the market for short-term maturity of more than 3 billion euros. "Three" refused to allocate money while in Athens did not save the promised amount.

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