Translated material
Oil prices in the United States fell sharply
In the United States, the price of oil fell sharply, again below the plank of $ 60. According to the results of trading on Tuesday on the New York Exchange, the barrel of raw oil with a supply period in August began to cost $ 58.20, Pdeeshev for $ 2.34 (about 4%). Such a sharp decline has not been marked in the market since the end of April.
Following a decrease in the cost of oil, soybeans, gold, the price of raw materials made a record on Tuesday over the past 14 years. According to Interfax, the Reuters/Jefferies CRB index, counted on the basis of price 14 main exchange products, testifies.
The main reason for the fall of oil futures was expectations that on Wednesday, statistics will show an increase in fuel reserves in the United States. On Wednesday morning, contracts are traded at 58.30 dollars and analysts do not exclude their further reduction.
Gold decreased in the price in New York by 0.9%, to $ 437.70 per ounce, copper fell by 0.6%, to $ 1.5554 per pound. Futures on pork fell on Tuesday in Chicago to the lowest level in 10 months. In anticipation of a good crop, contracts for soybeans fell in Chicago by 4.2%, also fell grain and corn.
ITAR-TASS notes that last Monday, the price of oil set a record in New York, exceeding $ 60 per barrel. The exchange was clearly “nervous” in connection with the election of Iran President Mahmud Ahmadi Nezhad, who promised to carry out transformations in the oil sector and continue the Iranian nuclear program, which is fraught with further growth of tension between Tehran and Washington. Now the emotions have somewhat subsided and a logical "market adjustment" has occurred.
However, analysts emphasize, there are still no prerequisites for a further significant decrease in oil value. In the United States and Asia, there is a steady demand for "black gold". The only factor that can really slow down the growth of oil prices is the signs that they have a destructive effect on the world economy. However, there are currently no instructions for this.