International oil price barrel 80 U.S. dollars for 5 consecutive trading days up
Time:2010-02-26 Read:1523second
Comprehensive report, the international oil price 80 U.S. dollars a barrel on the 22nd consecutive increase in the first five trading days.
The New York Mercantile Exchange 22, due in March crude oil contract rose 35 cents to settle at 80.16 U.S. dollars a barrel; more active April contract rose 25 cents to close at 80.31 U.S. dollars a barrel. London, April Brent crude futures rose 42 cents to close at 78.61 U.S. dollars a barrel.
New York oil futures contract in March to cover positions before the expiry of a rise in disk drive, coupled with refinery strike in France, pushing up gasoline futures rose more than 1%, to support oil prices.
In addition, the markets are concerned about will be announced later this week, the U.S. inventory data, is generally estimated that crude oil and gasoline inventories will rise, while distillate inventories will be reduced.
However, the same day U.S. dollar exchange rate against the euro, reducing dollar-denominated oil futures as an alternative investment products appeal to a certain extent, restrained the oil price rally. (Of flowers)