August 2

After a turbulent day calm has returned to the commodity exchanges first LEIPZIG. (Ceto) After a turbulent day calm has returned to the commodity exchanges first. The quotes tend sideways since the morning. North Sea oil (Brent) moves around the mark of 116 dollars; US light oil (WTI) to 94 dollars. Previously, the oil prices in the wake of the agreement in the US debt dispute had to, immediately strongly but again lost on substance. It knowledge is apparently at the speculators, that a short-term collapse of the world’s largest economy was averted at the last minute, the fundamental situation however has not changed.

The low economic growth of provided further concerns. And where less is growing, because less oil is used – so the simple logic. The U.S. inventories reflect that for quite some time. Looking at last year, the stocks were almost constantly filled above the long-term average. And the existing expectations of analysts this week by increasing Supplies from. The figures of the American Petroleum Institute, as well as the DOE’s energy authority could bring therefore oil prices under increasing pressure.

Countervailing factors interact in the meantime Brent. As the team commodity research reported by Commerzbank, the British BP must close its pipeline system for the forties oil for five days. 40 per cent of UK oil production flow through the affected pipeline system. The supply shortages at Brent this likely to strengthen further, so the Frankfurt analysts. Therefore, it is not to exclude, that is the difference between the Brent-and WTI price continues to widen. Mind relaxation in the local oil market: after consumers had to live yesterday with spreads, trade today granted discounts amounting to 48 cents to 84.60 euros per 100 litres game of a total supply of 3,000 litres heating oil EL. This value by fuel level and oil review marks the national average. At the dates of previous years, the prices looked as follows: price HEL 3,000 litres in 2010-66,90, price HEL 3,000 litres on the 02.08.2009 56,41, price HEL 3,000 litres of the fortnight 89,81, price HEL 3,000 litres of the 02.08.