In the afternoon, have geared down crude oil prices, and slipped under their daily output values. LEIPZIG. (Ceto) In the afternoon, have geared down crude oil prices, and slipped under their daily output values. Therefore the barrel cost US oil at the time less than 82.50 dollars; North Sea oil of Brent ranked below the 84-dollar mark. While U.S. economic data showed slightly positive trends such as the consumer prices and retail sales, but the prices not managed it, to break through the strong resistance.
Also the slightly declining U.S. inventories had given no clear buy signals considering still huge inventories. Rather, it came today to a rebound of in prices and profit-taking. Previously had the oil markets gaining something, as the US Central Bank had announced a more expansionary monetary policy as expected. Thus prices are the further within the price structure last week. Although there were some fluctuations, the level remained but by and large constant.
The dollar, however, lost ground when compared to the euro. Last but not least by the strong European currency the local heating oil trade failed to save consumers from significant price increases. At the end of the week, prices eased again. The price for the game of 100 litres heating oil EL fell 39 cents to 68.22 euros, which resulted in the collection of fuel level and oil Rundschau. This value is the national average on a delivery from 3,000 litres. Analysts expect a pause of the sideways, so little against filling up heating oil inventories speaks. The graphics on the energy Portal show the development of the domestic fuel oil prices in the national average, and in the individual federal States in the section of market data. Regional deviations are possible due to the market at any time.