WORLD OIL PRICES: It appears that the trend will be changed again
As a result of yesterday#39;s trading on the New York Mercantile Exchange (NYMEX) and the International Petroleum Exchange (IPE) futures oil prices again rose slightly. Note that the gradual increase in oil prices after the recent sharp rise has continued for the second consecutive trading session. Thus, in London on June futures quotes IPE Brent crude oil rose rose another 24 cents (up to $ 54.01 per barrel). Futures contracts for delivery in June grade oil on the NYMEX Light Sweet scored a price slightly less - only 17 cents (up to $ 54.20 per barrel).
As a result of yesterday#39;s trading on the NYMEX rose and quotes the May futures for the major petroleum products. Thus, according to gasoline they rose by 3.87 cents (up to $ 1.62 per gallon), according to heating oil - by 2.53 per cent (to $ 1.534 per gallon), - the Research Department A? GAB? Znes? Nform. Analysts believe that the extended yesterday rise in oil prices was due to technical and geopolitical factors.
As the first point to the continuing rise in gasoline prices in the U.S. because of fears of disruption of oil refineries, as well as due to the increase in prices for summer additive to gasoline. In addition, some experts also point to the decline of commercial stocks of crude oil and gasoline in the U.S. last week (although they are still higher than last year). Among the political risk analysts point to the recent terrorist attack in the capital of Saudi Arabia, the largest supplier of oil to the world market.
Today on the NYMEX electronic trading system of NYMEX ACCESS nearest futures for Brent Light Sweet continue to grow and, as of 15:50 (Kyiv time) is listed at $ 54.58 a barrel. The same dynamics is observed at spot prices for Russian oil grade Urals Med (with delivery from Black Sea ports to the port of Augusta, o.Sitsiliya under CIF), which today is in the range of $ 48.62 - $ 48.64 per barrel.
