Oil bargains below $70 for a barrel Price on the barrel of oil in the system of electronic auctions on an exchange NYMEX 17 June tumbled below than mark into 70 dollars. To 17:05 on Moscow time barrel WTI with delivery in July of current year estimated in 69,28 dollar, becoming cheaper on 65 cents. A week ago barrel WTI estimated in 73,23 dollar, that became a maximum from October, 2008. However from the end of past week of oil price went downward.15 June below than level the cost of European oil of brand went down in 70 dollars Brent. 17 June barrel of oil Brent bargains
in a district 69,43 dollar.We will remind, in the middle of the last year an oil price on world markets attained a record, exceeding 140 dollars for a barrel. However from a world crisis, sharply reducing demand for raw material goods, the cost of oil fallen down to the three-year minimum
– about 35 dollars for a barrel, reports Lenta.ru. It is possible it was to suppose that information of the American institute of oil will help to retain the taken levels, but they appeared worse than expectations, and rather specify on growth of general supplies of power mediums, writes "Rosfinkom".
API reports about falling of supplies of oil on 1,262 million barrels to 356,634 million barrels. Analysts, polled Platts, expected a decline on 1,7 millions of barrels. In addition, the supplies of petrol grew on 2,14 million barrels to 207,694 million barrels. Analysts, polled Platts, expected growth of supplies
only on 0,65 million barrels.In Iran protests of opposition proceed on results elections of president countries which operating country’s leader Makhmud Akhmadinezhad won on (Mahmoud Ahmadinejad). There is a company in Nigeria Shell declared, that interruptions would proceed with deliveries
and in July from escalation of conflict between the government of country and insurgents from Motion for liberation of delta of the river of Niger. On the whole, analysts talk about the possible correction of oil prices aside $65 as about the accomplished fact.
