International market in crude as well as gold and silver prices are constantly ludhak. Brent crude nearing $ 36 a barrel, but make close to $ 36 Down naymaiks crude has risen.2010 for the first time since it happened when Brent and naymaiks crude prices are equal.Although crude oil supply to grow concern still prevails and the price can come down again.
The price of crude fell 19 per cent in December
During the December crude prices in decline, while Brent crude dropped nearly 19 per cent of What was supposed to be the biggest monthly decline since 2008. WTI crude, Brent crude prices with pressure rising on the lower level shopping on Tuesday but because of this recovery is being viewed At the moment, WTI crude prices 30 cents above $ 36 a barrel with an edge. Although the long-term crude oil market fundamentals still look vulnerable.
Why are falling crude prices
OPEC countries are producing less crude moment and increase in production from Iran and is expected to be.In addition to all these, the less sense despite the rise in the number of oil rigs last week recorded.As well as Russia also increased production. These all can be called based on the fundamentals that long-term pressures on crude oil prices in May.
Gold-Silver in the fall
Due to weakness in the dollar decline is to see the light in a sense with a decline of 0.12 per cent at comics 1074 dollars per ounce on trade.Due to weakness in the dollar decline is to see the light in a sense with a decline of 0.12 per cent at comics 1074 dollars per ounce on trade. With the decline of 0.55 per cent comics silver at $ 14.23 per ounce is doing business.
In the past two days in recovery climbed 2.5 per cent from expressions, but expert says that the dollar index slid again in gold from returning fast in deep.HSBC analyst James steel says that the world's largest ETF Fund SPDR holdings bought tons of gold on Friday 19.That is the biggest shopping in two months. Although ETF Fund holdings still have lower levels of 7 years.
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