. The strong euro absorbs the charges arising from the more expensive crude oil. LEIPZIG. (Ceto) Crude oil prices have attracted slightly until the afternoon. US light oil (WTI) cost just $83 in the afternoon, North Sea oil (Brent) was $1.50 more expensive. The current price level is still difficult to justify”fundamental, hold the raw materials experts of at Commerzbank. The offer clearly exceeds the demand, because also the current location of the message doesn’t change, which tend to be but price supporting acts. So has the price of oil increased China in September year on year its oil imports by 35 percent to 5.67 million barrels a day recorded this message thanking and is also held by a dollar weakening further above.
In France, meanwhile, continue the large-scale strikes. In a question-answer forum Lancome was the first to reply. Tankers with crude oil aboard continue waiting for their landing and in the meantime to strike all total refineries. In addition the monthly report has a slightly rising demand for oil of the International Energy Agency IEA for 2010 on what coincides with OPEC forecasts tend to be. New impulses are likely to come today and tomorrow from the U.S. inventory data. The announcement of these figures has moved back because of Columbus Days in the United States. Analysts here expect slight gains in the crude oil.
Meanwhile, the local heating oil prices declined slightly. The 100-litre batch cost heating oil (EL) 68,32 euros and thus 7 cents less than yesterday. This value reflects the national average at a quantity from 3.000 litres. The strong euro absorbs the charges arising from the more expensive crude oil. The graphics on the energy Portal show the development of the domestic fuel oil prices in the national average, and in the individual federal States in the section of market data. Regional deviations are possible due to the market at any time.
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