Posts Tagged ‘Economy and finances’
U$S 100.1 of petroleum find a OPEC divided and a terrified market
December 28th, 2009
To a month and a half of the establishment of its last record, petroleum continues climbing in its bullish race. Today the price of barrel Texas the petroleum, of reference in the United States, reached US$ 100.1, whereas the European variant, the Brent, caressed its maximum of US$ 98.5, being placed in the US$98. (more...)Tags: analysis of market, Economy and finances, Market of Oil, oil, OPEC, Price of Oil
Tension and uncertainty against the high prices of petroleum
December 26th, 2009
Bad new with respect to petroleum. The bullish gust of wind of the prices seems to never finish. When the market begins to become stabilized, the new unforeseen expenses take to the international prices to release new and more important scaling. To this, the intransigent position of the Organization of Exporting Petroleum Countries is added that maintain their refusal to release an increase in the produced volumes as it forms to compensate the high reached prices. (more...)Tags: analysis of market, Economy and finances, Market of Oil, OPEC, Price of Oil, Strikes