Heating oil prices fell on Friday for the first time since 5 days in LEIPZIG. (Ceto) As it did yesterday the crude oil prices in New York and London lost further ground. US light oil (WTI) compared with yesterday’s day finally was traded at $ 81.76 and what round it to 50 cents less, as well as North Sea oil (Brent) $81,02 in the afternoon (EDT) meant 70 cents of less. However, both types are about 50 cents more expensive than at the beginning of the week. Ultimately, hard economic data provided for the price reductions. The German industrial production weakens, pulled the trigger on the DAX, and worsened the mood of demand. The number of unemployed workers in the United States has not decreased compared to the previous month and 9.5 percent. At the same time, the number of employees with 131.000 declined more than expected.
Profit-taking before the weekend, also for fear of further bad news from the market, were also falling prices. Now the prices are below the 80-dollar mark could slip and is once again in the present for the season standard Move margin of 70 to 80 U.S. dollars. This talk even more facts such as the over-supplied market situation in the United States as well as the increased oil production of OPEC members and Russia. For heating oil consumers in Germany was good news, because for the first time for five days, the oil price fell. After collection of the journal fuel level and oil Rundschau, the 100 litre batch cost heating oil EL at a quantity of 3,000 litres 68,15 euro and damit11 cents less than yesterday. Compared with the beginning of the week that means but still an increase to 1.25. That reported the online portal of the journal fuel level and oil review on its website brennstoffspiegel.de. The graphics on the energy Portal show the development of the domestic fuel oil prices in the national average, and in the individual federal States in the section of market data. Regional deviations are possible due to the market at any time.
