subject: International Oil Prices Break Through 145 U.s. Dollars A Barrel - Oil - Machine Tool Industry [print this page] Market to the global oil supply worries push oil prices continue to ratchet up, the 3rd New York oil trading price, closing price of 145 U.S. dollars a barrel for the first time both.
On the New York Mercantile Exchange, August light sweet crude for delivery in the morning electronic trading reached a record high of 145.85 U.S. dollars a barrel, closing up 1.72 U.S. dollars, a record 145 per barrel. 29 dollars in the latest closing record. London's International Petroleum Exchange, the August Brent crude oil futures rose 1.82 U.S. dollars to close at 146.08 U.S. dollars a barrel and climbed in the intraday high of 146.69 U.S. dollars a barrel, while the trading update and closing records.
Analysts believe that the 3 main reasons for the international oil price remains high U.S. crude oil inventories fell last week, and the Middle East continued to lead the market worried about tight global crude oil supply. Crude oil supply and demand on the global market, driven by concerns over tensions within the international oil prices skyrocketed this week, 3.7%.
Day, the European Central Bank announced that the leading euro-zone interest rates from the current 4% to 4.25%. Since the decision in the market anticipated, and the European Central Bank also said that in the near future will continue raising interest rates, the dollar rebounded sharply against the euro, dollar-denominated price of crude oil futures briefly fell to a level of 143 U.S. dollars a barrel.
3 days, New York dealer in August delivery price of a gallon gasoline futures rose 2.16 cents to settle at 3.571 U.S. dollars. August heating oil futures for delivery in the price per gallon rose 3.45 cents to 4.106 U.S. dollars. August natural gas futures price for delivery rose 18.8 cents per 1000 cubic feet, to close at 13.584 U.S. dollars.
European Central Bank will raise interest rates to 4.25% lead
As euro zone inflation rising, the European Central Bank 3, announced that it will lead euro zone interest rates from the current 4% to 4.25%.
Recent energy and food prices continued to rise, leading euro-zone inflation has been rising. According to Eurostat preliminary statistics released late last month, data from the euro zone's inflation rate this year in June from last month rose 3.7% to 4%, well above the ECB to maintain price stability set by 2% cordon.
European Central Bank's main tasks is to ensure price stability in the euro area. The European Central Bank hopes to increase interest rates to monetary tightening, to maintain price stability and promote long-term stable economic growth.
Since last June, the European Central Bank has been the leading euro-zone interest rates will remain at 4% this level. Although the eurozone political and economic circles hope that the European Central Bank cut interest rates to stimulate the resumption of economic growth, but rising inflation that the European Central Bank to raise interest rates finally made the decision.
