Europe Poised Opponent world oil crisis, Translucent US $ 100 per Barrel
World oil prices rise after the officials of the European Union to tighten fiscal policy in the face of the crisis. It cost me back through the US $ 100 per barrel.
The price of oil light sweet contract for delivery in January in New York, ending the main trade in the position of US $ 99,41 a barrel, up $ 1.07 per barrel from the close of the previous day.
In london, the price of Brent North Sea crude for January delivery rose 51 cents to stop on the position of US $ 108,62 a barrel.
The commodity brokers seemed optimistic the EU is already taking the proper policy in tackling the crisis that nearly destroyed the economy of a loan in 17 of his country.
Once in the last two years having debt crisis, 26 of the 27 EU countries had agreed to follow a new fiscal rules in order to deal with the crisis.
Only one country that did not enter the new fiscal policy agreed in it, namely the United Kingdom. "The United Kingdom had been unwilling to join (using currency) euros. Hence, we are already familiar with (denial) like this, "said the Chancellor of Germany Angela Merkel was quoted as saying of the AFP, Saturday (10/12/2011).
Oil prices began the flagging trade and was rectified. However, finally managed to bounce back towards the close of trade.
The commodity brokers are also still waiting for results of the meeting of the Organization of Petroleum Exporting Countries (OPEC). Many Member States there is no change in production targets, despite the slowdown of oil wells in Libya.
