United States
Possibly the fairly big difference between the two varieties of just under 4.50 dollars is notable. LEIPZIG. (Ceto) The crude oil price has barely budged before the weekend. With slight fluctuations, prices held their daily output level for US light oil (WTI) and North Sea oil (Brent) until the afternoon. Therefore, the barrel US light oil costs around 74,50 dollars; North Sea oil is $79. This is an overall quiet trading week to end. Possibly the fairly big difference between the two varieties of just under 4.50 dollars is notable. Experts see the reasons for this low US demand, maintenance and therefore production losses on North Sea oil rigs, as well as the rising euro. The spread between the London and New York was unusually high and open market participants the opportunity to make arbitrage profits by buying the cheaper oil in the United States and shipped to Europe. By arbitrage trading supply and demand in the United States and Europe are aligned, which is the difference in price to This level will stabilise, so a commodity expert from the United States, writes futures-services the service. Also on the local oil market resulted in no major shifts in price. The 100-litre batch cost heating oil EL at the beginning of the week 68,78 (delivery total 3,000 litres), so it was 68.46 EUR today. Opposite yesterday reduced the costs to 30 cents. 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.