Thursday, February 10, 2011

Woman Sitting On Woman's Belly

Oil Brent (European market) now $ 15 more 'expensive than WTI

's latest update of the agencies on the price of oil on February 10 at 10.00. The gap between Brent and WTI and 'came to almost $ 15. This difference and 'now stable and we need to understand the reasons but above all the consequences. Remember that Brent and 'the price of the European market and it' refers to the crude extract in the seas of northern Europe. The deposits in this region of the world have already 'peaked and production is declining in extent and rilevante.Il phenomenon' to follow and understand but it 's a sure sign that the' supply nearly equals demand, margins increase production now and will not remain small for I decided a long time without change in the consumption of crude oil.

"The Light crude futures bounce back above $ 87 and $ 102 more than those on Brent. On the Asian markets Light crude salt 14 cents to $ 86.85, after reaching a maximum of $ 87.07 and Brent advances of 1 cent to $ 101.82, after reaching a top of $ 102.10. A to raise petroleum are persistent concerns about the situation in Egypt. "

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