World oil prices rise again and penetrate its highest level in almost two years, or since the year 2008 and then for Brent and U.S. crude. This surge is driven by reduced supply and strengthening the American economy as seen from the increase in employment data.
Figures labor in the Americas rose significantly in March and accompanied by unemployment data which fell to its lowest point during the last two years to 8.8%.
Oil supplies were threatened drag on the conflict in Libya that never ends as well as some political tensions in the Middle East countries other according to some analysts.
Brent crude for May delivery rose U.S. $ 1.34 to the position of U.S. $ 118.70 per barrel, its highest position since August 2008. During this week, Brent was up U.S. $ 3.11.
Highest Position jenia Brent oil this year at U.S. $ 119.79 on 24 February last. This type of oil continued to rise since the earthquake and tsunami in Japan at that time the price is still U.S. $ 108.
U.S. crude rose U.S. $ 1.22 Crude to the position of U.S. $ 107.94, had reached its highest position since September 2008. U.S. crude oil has been rising over before U.S. employment data came out.
Figures labor in the Americas rose significantly in March and accompanied by unemployment data which fell to its lowest point during the last two years to 8.8%.
Oil supplies were threatened drag on the conflict in Libya that never ends as well as some political tensions in the Middle East countries other according to some analysts.
Brent crude for May delivery rose U.S. $ 1.34 to the position of U.S. $ 118.70 per barrel, its highest position since August 2008. During this week, Brent was up U.S. $ 3.11.
Highest Position jenia Brent oil this year at U.S. $ 119.79 on 24 February last. This type of oil continued to rise since the earthquake and tsunami in Japan at that time the price is still U.S. $ 108.
U.S. crude rose U.S. $ 1.22 Crude to the position of U.S. $ 107.94, had reached its highest position since September 2008. U.S. crude oil has been rising over before U.S. employment data came out.
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