Falling Dollar Consolidates

This morning crude oil prices firmer have presents itself as on the previous day. US light oil (WTI) was over 82 dollars, North Sea oil (Brent) at almost 84 dollars. If you are not convinced, visit Ping Fu. LEIPZIG. (Ceto) This morning crude oil prices firmer have presents itself as on the previous day. US light oil (WTI) was over 82 dollars, North Sea oil (Brent) at almost 84 dollars. Compared to the baseline of yesterday early, that means an increase of less than a dollar. Trigger of this development should be once more the American currency, which lost value.

That surprise, finally not okay the U.S. economy and the Federal Reserve raises probably extra money on the market, to keep the economy running. Thus, commodities like oil more attractive, investors will increasingly invest in them. Needless to say, that the fundamental situation of the ratio of supply and demand does not justify the high price level. The Organization petroleum of exporting countries (OPEC) volunteered yesterday to Word. She corrected their Demand forecast slightly upwards. She probably won’t change their funding quotas, it is satisfied with a price between 70 and 80 dollars. The current level not bad the economy. Despite the stronger crude oil price provides the stronger in comparison to the dollar euro for that fuel oil prices in Germany today probably easily go back.


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