Wednesday, May 21, 2008

Crude oil futures settlement price approaches 130 U. S. dollar

Being expected to conquer the interest U.S. dollar devaluation trend continuing for , may appear as well as the marketplace anticipates that summer needs a peak supply critical, crude oil futures settles price approaching 130 U. S. dollar Da Guan county , the industry personage analyses, later stage still accepts the U.S. dollar devaluation effect along power , power anticipating that , insider are not identical in views but to going up.

NYMEX6 month crude oil futures went up the day before yesterday, 2.02 U. S. dollar or 1.59%, settlement price notes high position creating 129.07 U. S. dollar per barrel. Before this highest level in history having created 129.60 U. S. dollar. By the afternoon yesterday 17: 24, crude oil futures already rushes to 129.55, rise amounting to 0.57%.

Elder Yao Da Ming analyses the Guangdong oil gas chamber of commerce oil product , the main cause boosting recently international oil continuing going up has two: Expect to conquer the interest U.S. dollar devaluation trend continuing for , anticipate that the summer need peak may appear plus the marketplace supply critical. But, that a power leaks from later stage, is able to be affected by the U.S. dollar devaluation as before.

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