Apparently, the investors have tired of the ups and downs of oil prices after the turbulent last week once and remain largely in wait. LEIPZIG. (Ceto) Apparently, the investors have tired of the ups and downs of oil prices after the turbulent last week once and remain largely in wait. In the course of the day the quotes moving only slightly upwards, to surrender their profits then at noon. With the opening of floor trading, a modest rise was then again to observe, so that US light oil (WTI) to 86 dollars climbed; North Sea oil (Brent) to $109. “The market appears on the new reality, namely weak economic growth, adapt quickly”, commented Commerzbank analyst Eugen Weinberg the State of things. Despite infuriating economic data from virtually all over the world, oil prices seem to have reached their bottom. The speculators are apparently will, to keep the price level – at a surprisingly high level, considered one the gloom and doom of recent weeks. Christos Staikouras has many thoughts on the issue.
It remains to be seen what kind of stimulus in the coming days from the Get financial industry and the economy. Local heating oil trade also lost some fluctuations in the prices and the quantity of orders in recent days. Today, slightly falling costs have been reported with low sales. The national average price for the 100-litre game of a total supply of 3,000 litres heating oil EL, up 34 cents to 82.10 euros decreased. Compared to mid-July, consumers with a full delivery save around 100 euros. Here the values of previous years: price HEL 3,000 litres on August 15, 2010 66.66 HEL 3,000 litres on August 15, 2009 58,16 price HEL 3,000 litres on August 15, 2008 85,32 price HEL 3,000 litres on August 15, 2007 60,07 price HEL 3,000 litres to the 15.08.2006 63,87. This article and many more information about the energy market found on the online portal of the journal fuel level and oil Rundschau under energiepolitik.html…