Wednesday, May 28, 2008

Lower prices of the petrol

The price of the petrol is going down to one week bottom today, and in this way continue cutting a too long possitions from speculative brockers. Thsi tendention started yeasterday, and sighted the decrease of the petrol price. The pretty hurt user support of Americans was in the basic of started petrol correction, when the price of a gallon fuel in USA reached the top 4$. This is a tradition in the end of May the fuel prices of increase due to the holliday season and active driving.
"Too expensive fuels now can be felt by normal Americans", commented British analyzer in frontt of Bloomberg. "User's seaching is not only in USA, but also in Germany and France and reached a record bottoms, which should be supported additional cheapening of the petrol, continued the analyzer.
The price of barel crude oil from the type "American Light" at the moment is about the levels of 126.40 US Dollars or nearly 2.5 US Dollars cheaper than the levels of yeasterday. In Tuesday the cruide oil lost more than 3$ from its price, after the record of 22nd May - 135.09 US Dollars per barel.

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