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Oil has increased by more than 6 dollars |
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Sunday, 21 September 2008 |
Lightest crude oil account growth by 6.67 dollars or 6.8 percent to 104.55 dollars for a barrel after the declared intention of taking action by U.S. regulators to revitalize the financial system in the country.
Expectations are that the measures the U.S. government will support the country's economy, which will strengthen search of black gold.
For the last 3 days, oil became more expensive by 15 percent, which is the biggest three-day rise for raw materials by 1998.
According to a Bloomberg survey of 30 analysts next week is expected that oil will be more expensive because of lower stocks of black gold in the U.S. because of hurricanes Ike and Gustav.
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