After the rush disenchantment with another summit storm on the crude oil stock exchanges is being blown off LEIPZIG. (Ceto) After the rush disenchantment with another summit storm on the crude oil stock exchanges is being blown off. Now, after the letztwochigen agreement in Europe and the attached debt dispute in the United States, with almost empty speculators, which began about a month ago, only on the basis of the information in the financial markets that stand to push prices upwards hands there. On 7 July, the prices for North Sea oil (Brent), only because the oil market far data around $ 5 per barrel to the top shot. They could maintain this level until last week. Then came a first burglary, which now continues.
Currently Brent recorded $115 still around 2 dollars above the base level a month ago, in morning trade there to be but again, such as the American equivalent of US light oil (WTI), which is currently less than 93 euros per barrel. The actual supply situation was stable during the whole period. Hurricanes in the Gulf of Mexico, nor the Break a British North Sea pipeline actually contributed to a narrowing. These facts seem to prevail well with investors. Whether this insight lasts, is doubtful, because rising prices, no matter, how they come about, promise easier profits.