Wednesday, February 22, 2012

The international oil prices climbed to $106


  Tensions with Iran area influence. The international oil prices in the last two weeks continuing to rise . At present, the international oil prices have been rising for seven days , climbed to $106.

  Greece will get a new round of assistance loans on Tuesday, promote international oil prices rise . New York commodity futures Exchange (NYMEX),The March issue of the crude oil futures surged to $2.6 on Tuesday. Rose as high as 2.5%, the closing price of $105.84 / barrel . This is since last May 4, the highest since the settlement price .The most actively traded on the April contract even close to $106.25

  In yesterday's trading, prices continued to rise. Brent crude oil futures are close to $ 121.13 On Tuesday ,Refresh over the past nine months the highest record .

  At the same time, Iran area situation continuously fermentation , is the most important factor to promote the rising oil prices . Yesterday, there was news that. China, India and Japan are planning to cut Iran's oil imports by the atheist 10% .

  Because the United States more stringent sanctions , major Asian buyers and Iran continue to trading becomes difficult.

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