Oil, still close to $ 100 a barrel

Still keeps the price of oil to keep the evaluation of yesterday's 100 dollars a barrel. For in the morning futures range between 99.84 and $ 99.55, with a slight drop compared to yesterday, while Brent traded at London à ¨ of $ 98.38, up 0.6% for a new record . In Europe are beginning to feel signs of possible economic consequences as said Amelia Torres, spokeswoman for EU Economic Affairs Commissioner Almunia Joaqin, arguing that "if oil prices remain at current levels there will be an impact on the record." Upon the strength of 'Euro could partially support the cost-of-oil, but added the spokesperson, "the appreciation pua ² be a problem for exports in the long term." In this context, however, there seems to be the conditions for recourse to energy supplies because, according to the director of 'IEA, Nobuo Tanaka, "In a scenario of strong growth in China and India, share prices could reach $ 150" International Energy Agency currently considers it inappropriate to intervene for cooling the dear-oil and believes that it is opening a new round of prices for the energy with very high levels. To influence the price of oil are the international socio-political events in Nigeria as the fifth producer in the country oil the U.S. where political unrest and the assault with murder in Port Harcourt, the southern oil hub of this country, has estimated a loss of quarter of the estimated production for the period 2006-2007 and also in Pakistan, nonosante pià ¹ is not among the major producers of oil, the instability POLICY sharpened in recent days by the assassination of the premier of 'opposition Benazir Bhutto, on the threshold of new election, means that, given the location in a strategic area, you raise concerns the stability of the region. Another upward pressure of oil price à ¨ heading under which the reserves of oil in the United States appear to have decreased to about 3 million barrels and the market awaits the upcoming data from the Department of 'Energy in relation to storage .

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