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Unemployment in America raise to 9.2 percent drop in world oil prices triggered.


Unemployment in America raise to 9.2 percent, drop in world oil prices triggered.World oil prices on today Saturday, July 9, 2011 fell 2 percent from the previous price.As reported by the Yahoo-finance rising unemployment means that demand for gasoline is reduced because the workers more quiet at home so that it can be said demand for gasoline is stagnant.

"In London Brent crude fell by 26 cents to the price of oil is parking at $ 118.33 per barrel on the ICE Futures exchange," it is as expressed by the Associated Press on Saturday (07/09/2011).

Later Gasoline futures (gasoline futures) also followed the decrease because of reports of work in America so the price dropped 3.44 cents and the price settled at $ 3.0926 per gallon Nymex U.S. gasoline demand sluggish now this will probably delay the rise in Brent crude oil price is estimated at $ 125 per barrel next year, as forecast by Goldman Sachs. Brent is used by many East Coast refineries to produce gasoline.

In other Nymex trading for August, heating oil lost less than a penny to settle at $ 3.0964 per gallon and natural gas rose 6.6 cents to settle at USD 4.204 per 1,000 cubic feet.

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