Oil futures stably reduced Monday
Crude oil futures have changed little in price, they are traded at four-week lows. While concerns about supply disruptions from the Middle East is not observed.
During European morning trading on the ICE exchange in London, Brent crude for August delivery fell to a low of $ 110.46 per barrel (the weakest level since June 12). On the New York Mercantile Exchange WTI crude for delivery in August also reached a low of $ 103.73.
Results of the last
weeks in a tense situation in Libya:
the rebels have agreed that open
two ports for oil export. Now
These terminals can be exported to
560 th. Barrels of oil per day, which is almost
half of exports oil from
countries.
But at the same
while oil prices decline in the
recent sessions - contribute to this
News from Iraq: in the southern part of the export
Oil will not suffer from the violence that has engulfed the
the northern part of the past week.
Now
investors await key economic
data from China and the United States to evaluate the
the health of the global economy. reports from
China shall publish on Wednesday
(On consumer inflation data
price), and on Thursday will report on trade
balance sheet.
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