The Car Insurance : 3 kg gas prices in Cirebon Rp20 thousands

LPG 3 kg (INTERMEDIATE PICTURES/Joko Sulistyo)

Cirebon (The Car Insurance)-the retail price of LPG gas subsidized three kilograms in size Line Cirebon district, West Java, reaching Rp20 thousand per tube, and usually about Parlay thousand.

Tarsiah, one of the retail gas trader in Cirebon district, on Wednesday, said it was. The high retail prices of subsidized gas to measure three kilograms, he said, due to scarcity goes from three last week.

Residents are forced to buy expensive, although prices are not guaranteed they could obtain subsidized gas because there is limited.

LPG gas scarcity of subsidized three-kilogram size is increasingly widespread in the area of Line Cirebon district, West Java, and if there is then the citizens stormed the gas sales agent, who is still yet to be resolved.

Ratam, other residents said in Cirebon, the scarcity of subsidized gas to measure three pounds already happened three weeks, an increasingly troublesome citizens because the much-needed gas.

They were forced to buy even though it felt pretty gross joined the line at gas agents, he said, and not necessarily get it.

Most citizens are turning to firewood, Ratam, though hard to acquire it. He hopes the Government immediately address the distress underprivileged community that not enough can buy the blue gas that exorbitant price.

Meanwhile Suparta LPG gas agency owners subsidized in Cirebon City admitted Kesenden, size three kilograms of gas supply is still normal, but demand is rising so that her claim to share the difficulties especially for the regulars. (EJS/Y003)

Editors: B Kunto Wibisono

COPYRIGHT © 2013

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The Car Insurance : Oil prices in New York rose, London down

New York (The Car Insurance)-oil prices in New York shot up higher on Wednesday (Thursday morning GMT), even though US weekly inventories report showed crude oil stocks were at the highest level in 31 years.

New York's main contract, light sweet crude or West Texas Intermediate (WTI) for delivery in June, rose one u.s. dollars a barrel to end at 96.62 dollars.

In London, Brent North Sea crude oil for delivery in June, little changed, declining six cents to 104,34 dollars per barrel.

Analysts forecast a larger increase in u.s. commercial crude oil stockpiles than rising 200,000 barrels will occur.

"At 395,5 million barrels, U.S. crude oil inventories well above the upper limit of the average range this time of year," U.s. Energy Information Agency (EIA) said.

Crude oil futures had fallen on Tuesday (7/5), as traders booked profits from rising three straight days amid expectations of another rise in US crude oil inventories.

Crude oil has been strengthened in recent weeks thanks to the improving picture of economic growth in the United States, China, Japan and Germany, as well as due to the increasing tension in the Middle East. (A026)

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The Car Insurance Info: Action take profit and lower world oil prices

New York (The Car Insurance Info)-world oil prices fell on Tuesday (Monday morning EST), as traders took advantage of the rise in three consecutive days amid expectations of rising U.S. crude inventories in this week's inventory report.

New York's main contract, light sweet crude or West Texas Intermediate (WTI) for delivery in June, closed at 95,62 u.s. dollars per barrel, down 54 cents from Monday, reported AFP.

In London, Brent North Sea crude oil for delivery in December, dived 1.06 dollars to settle at 104,40 u.s. dollars per barrel.

The New York trading session took place "relatively calm" and marked by "a combination of profit taking and expectations of action report of inventory," said John John Kilduff of Again Capital.

John Kilduff said that the weekly oil supply report of the US Department of energy (DoE), an indicator of demand in the world's largest energy consumer, is expected to show another rise in the supply of crude oil, which last week reached its highest level since 1982, when the weekly reports began.

DoE is expected to report an increase of 1.4 million barrels in the week ended May 31, according to analysts surveyed by Dow Jones Newswires.

The price of oil over the past three sessions had surged more than five dollars in New York and 6.50 u.s. dollars in London, supported by rising tensions between Israel and Syria over Israel's air attack.

A senior Israel official said the attack targeted at Iran's weapons destined for Lebanon's militant group Hezbollah.

Bob Yawger from Mizuho Securities said that "some risk premium piled into the market as a result of the Israel-Syria situation". (A026)

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The Car Insurance Info: prices of motor spare parts in Palembang ride

Dubai (The Car Insurance Info)-auto parts two wheels begin to experience the increase even though the Government has not decided on a new fuel oil prices.

Afisman (30), motor repair shop manager at Kilkenny, Saturday said since two days the price range of motorcycle parts, such as tires and oil were rising significantly.

He exemplifies the cleaner or the lubricating oil of various brands are up an average of Rp 1,500 per bottle 2 litres of the price normally, or the range of Rp 27.500 to Rp32 thousand per bottle.

So did the ban motor rising high enough so that they are forced to limit the number of product purchases of spare parts.

According to him, every oil fuel hike plan will directly impact on the expensive prices of motor spare parts.

In fact, for a bottle of water, a quart of contents battery is now forced to sell 5,000 whereas before only Rp 2,500 per bottle.

He said, the price of other parts also will certainly increase because majority of the items coming from imports.

While store owners in the area of spare parts Cinde, Tony explains the increase in the price of spare parts it is inevitable when the price of fuel oil aboard.

It, relating to the supply of spare parts of motor vehicles up to now comes from foreign countries, such as Japan, Thailand and China, he said.

Editor: Aditia Maruli

COPYRIGHT © 2013

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Chinese Data, The Increase In OPEC Output Hit Oil Prices

Monexnews-the price of oil dropped to the lowest level this year and to decline in the manufacturing sector both as weekly China expands less than expected and the level of OPEC crude oil production rose for the first time in six months. Oil is down to the bottom level of $ 90 a barrel for the first time this year. The Organization of Petroleum Exporting Countries increased its output by as much as 97,000 barrels to 19.1 million barrels per day in February. China's Manufacturing PMI index dropped to 50.9 last month compared with an estimated increase to 31.4. Anxiety about trimming spending levels in the US were also pressuring oil prices.

"There are worries about slowing growth in China," said Robert Montefusco at the Sucden broker, senior Financial Ltd. in London.

(xiang)

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EIA Report Restore Oil Prices

Monexnews-traded crude oil turned thin on Wednesday strengthened, post the report Energy Information Aministration (EIA) showed a rise in U.S. crude oil supplies that are smaller than the estimate.

U.S. crude oil inventories rose by 1.1 million barrels during the week ending on February 22. The figure is lower than expectations of a rise of 2.4 million barrels from the analysts. In the same time, the EIA also reported gasoline supplies drop of 1.9 million barrels. While oil inventories increased by 600,000 barrels of distillation.

After the release of the data, crude oil for April delivery contract rose 0.18% turned about to be traded in the range of $ 92.80 per barrel. (vid)

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The Fall Of Global Commodity Prices Dragging The Aussie

Monexnews-after suffering a daily loss of the worst in nearly a month, Dollar Australia should back slipping on Thursday over the fall of global commodity. S&P GSCI spot index of 24 raw materials shrank 1.1 percent, the biggest decline since December 6 last year. Currency is often called Aussie is also burdened by a weakening of stocks around the world, which erodes demand for berimbal assets higher results.

"Global markets amid negative sentiment is covered, and it's not profitable for the Aussie," said Peter Dragicevich, a currency Economist at Commonwealth Bank of Australia in Sidney. "The possibility of new Aussie will rise again in one or two weeks ahead." (vid)

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Oil Prices Erode Economic Outlook

Monexnews-U.S. crude oil futures skidded to the lowest position 1-new moon on Thursday following the release of some disappointing economic data, so that adds to fears of slowing the pace of fuel demand. Minutes of the Federal Reserve's policy meeting of the U.S. that shows some policy makers are starting to consider the termination of a faster QE3 also weighs on commodities berdenominasi u.s. Dollar.

Currently crude oil contract for delivery in April was trading in the range of $ 109.54 per barrel or about 2.15% below the closing price Wednesday.

Data released by the Labor Department AS moments ago showed a spike in weekly unemployment claims, which highlights the slow pace of recovery of the labor market. In addition, the decline in business activity in the eurozone also getting in, according to some economists, indicating if the economy 17-country bloc will still be experiencing contractions throughout the first quarter of this year.

Oil commodities is very related to the outlook of the global economy, given the weak growth will usually erode demand for gasoline, diesel and other fuel-based crude oil.

Then traders and investors will be looking forward to the US crude oil inventory report from the Energy Information Administration (EIA), which experienced a day due to the resignation of President ' Day off ' at the beginning of the week. U.S. crude oil inventories are expected to rise by as much as 1.9 million barrels last week. (vid)

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Oil Prices Depressed The Strengthening Dollar

Monexnews-crude oil futures weakened on Monday in thin trading on electronic commerce, with a stronger dollar and more add to the pressure on the dollar and commodities didenominasikan US markets closed for a holiday.

Oil prices depressed by the strengthening of the dollar, as the weakening yen, which provide sufficient impetus on the greenback. USD/JPY hits highest level in level at 94.20 this session, a level that hasn't been seen since May 2010 after the State of the G-20 countries to refrain from criticizing Japan for which its currency weakened sharply lately. Instead, the group said that they did not target the exchange rate for the purpose of being competitive.

Oil is currently moving at 96.00, the highest level for his or her being in the lowest level and 96.44 was at 95.97.

(fsyl)

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Discussion Of Iran – The IEA Mingle With Oil Prices

Monexnews-oil plummeted to a low level session on Wednesday, as investors focus on the discussions between Iran and the world about the nuclear programme of oil in Iran. Oil prices plummeted to a low level after the session Tehran says it has agreed on a number of ' points ' by the International Atomic Energy Agency, indicate that the discussion will continue. Analysts say the discussions a number of geopolitical risks eliminating keeping oil prices remain high. Energy complex have got the pressure earlier after the International Energy Agency (IEA) cut its outlook to his request, erode the optimism towards the global economy that lifted oil prices to as low as 9-month high last week.(xiang)

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