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The price per a barrel of oil creeps up to 105 dollars

Price per a barrel of oil creeps up to 105

After Iran announced that oil exports to Britain and France are suspended, American manufacturers began to demand higher prices per barrel. Currently, the cost per barrel of oil could reach $ 105.

The experts believe that this price is not the limit in increase. The growth in price on oil to 110 dollars per barrel is being predicted.

The information that the EU countries plan to allocate financial assistance to Greece in the amount of 130 billion euros forces the manufacturers to demand high price on oil.
Perhaps, the only comforting fact for buyers of oil is that the dollar edges lower.

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Views: 1429 Added: 13-03-2012