Light sweet crude or West Texas Intermediate ( WTI ) for delivery in June moved down 17 cents to close at 102.44 dollars a barrel on the New York Mercantile Exchange .
While Brent North Sea crude for July delivery rose 32 cents to settle at 109.69 dollars a barrel in London trade .
Energy Information Agency ( EIA ) is scheduled to release a report on U.S. crude oil production and inventories last week on Wednesday . The market is waiting for the data Wednesday.
( Read: burung pentet mp3 )
The development of technology has opened up the supplies from shale formations ( shale ) in the United States . The analysts expect that U.S. crude oil production rose to near a record last week , and crude oil inventories probably rose 250,000 barrels to 398.8 million barrels .
Brent oil rose for the first time in the last three days due to the unrest in Libya . A dramatic spike in confrontations in the two largest cities of Libya has brought the country to the brink of civil war between rival militias .
Analysts said that Libya is right on the doorstep of Europe and has a greater impact on the price of Brent .
source:http://www.kompas.com/
No comments:
Post a Comment