Previous trading week finished on Friday, having shown minus at crude oil market. October future for WTI crude oil at New York Exchange NYMEX has dropped by 0.12 percent, having amounted to 96.15 dollars per barrel. October future for Brent crude oil has lost 1.23 percent at London exchange, having amounted to 115.01 dollars per barrel.
Today crude oil started rising. At New York Exchange October future for WTI oil has risen by 1.32 dollars, having amounted to 97.47 dollars per barrel, and Brent crude oil has also risen, namely by 1.61 dollar, having amounted to 115.20 dollars per barrel.
Crude oil is going up because of the general improvement at capital market. Moreover, crude oil recovery has been reduced due to storm “Isaac” in the Gulf of Mexico.
The chart, composed by the experts of , shows the trend of Brent crude oil future:
