American Petroleum Institute

Fuel oil price sets in a row the market development probably slightly to LEIPZIG. (Ceto) Crude oil and petroleum products in the United States, stocks are almost always beyond the expectations of analysts. The most recent figures, which have published the American Petroleum Institute (API) and the DOE DOE showed that. Oil prices responded with further losses first, then but more than made up for it. Experts attributed this reaction to a technical rebound movement. As a result the barrel cost US light oil (WTI) at the morning close 72,60 dollars after all a dollar more than yesterday morning. Learn more on the subject from 3D Systems. The impulses which currently come from the US economy, are but still negative.

The risk of a second recession threatens further. Speculation on Government support measures to stimulate the economy and thus the demand resonated a slightly positive on the U.S. stock market, so the service oil market report. As a whole, but not a few analysts expect that the price of oil drops soon up to 70 dollars. Such speculation but initially once little benefit the local oil price. In consequence of the market, consumers face today with slight surcharges.

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