New York crude oil futures prices closed higher on Monday, the fourth consecutive day of gains, mainly due to the weak dollar has brought support to promote a wider range of commodity futures markets have both increased. In addition, Germany and France pledged to take any measures within its power to provide support for the euro area banking sector, thus easing the market for the euro zone sovereign debt crisis fears, but also support the formation of this market.
Day, the New York Mercantile Exchange (NYMEX) 11 Light, sweet crude for January delivery rose $ 2.43, to close at $ 85.41 a barrel, or 2.9 percent, the highest since September 21, the highest closing price since. In the past four trading days, the New York crude oil futures prices rose 13 percent, but so far this year are trading down 6.5%.
London's ICE Futures Europe in November delivery of North Sea Brent crude futures rose $ 3.07, to close at $ 108.95 a barrel, or 2.9%. By the closing price of Brent crude oil futures in New York light crude oil futures price and the difference between the price of $ 23.54 per barrel, the difference in the Sept. 6 hit a record high of $ 26.87 per barrel level.
Today, the dollar fell, Intercontinental Exchange (ICE) recent report the U.S. dollar index 77.549 points, down from Friday's 78.660 points.
In other Nymex energy trading, 11 RBOB gasoline futures for May delivery rose 5 cents to close at $ 2.70 per gallon (about $ 0.71 per liter), or 1.8%; November delivery heating oil futures prices also rose 5 cents to close at $ 2.90 per gallon (about $ 0.77 per liter), or 1.6%; November natural gas futures rose 6 cents to close at per million British thermal unit $ 3.54, or 1.7%. (Civil and military)