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Rising oil prices, demonstrations by Egypt and for the euro zone is optimistic
Time:2012-11-24   Read:791second  
New York on November 23rd news in crude oil prices rose Friday in thinly traded for Egypt new outbreak demonstrations triggered again supply worries and investors on the Greek bailout talks optimism for oil city to bring additional support.
Crude oil go high hopes the United States " black Friday " consumer spending is a strong boost the American stock market rises. " Black Friday " opened the curtain of the holiday shopping season.
The hostilities between Israel and the Palestinians earlier this week to support oil prices show traders pay close attention to the Egyptian outburst of violence by Egyptian President Muhi decreed that the President issued a statement the constitution law and decrees of the promulgation of the new constitution and a new parliament elected for the final decision before any unauthorized changes.
The protesters accused Muhi launched the " coup " and crude oil traders once again concerned may have knock-on effects look will affect the Middle East crude oil supplies.
Oil city is from the Greek news find support. Greece says the International Monetary Fund ( IMF ) to lower the country's debt reduction objectives implied international lenders to extend aid to Greece to reach an agreement on the eurozone crisis worry years make the oil pressure
In addition the November German business judgment index accident up to 101.4 better than expected in the end of the six month decline.
" It seems today oil city some effort with the help of high expectations on the strengthening of " Oil Outlooks and Opinions LLC President Carl Larry said.
" The market may have overlooked one thing that retailers report consistent display black Friday sales are strong "
Oil city in advance for the United States of America closed Thanksgiving holiday many market participants have a holiday.
Brant crude rising $0.83 settlement price at 111.38 U.S. dollars a barrel this week rose to $2.43.
Brant crude oil trading volume than the 30 average nearly 60% American crude oil with low volume near 75%.
In recent months, the United States of America crude rising $0.90 settlement price at 88.28 U.S. dollars a barrel this week rose $1.61 to .Enbridge daily delivery of 318000 barrels of crude oil Line 14 oil pipeline in the state of Illinois Mei Kenne occurred near the revelation of the company said the pipeline has closed Tuesday in the later recovery oil. This also makes the American crude oil by short support.
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