CAR INSURANCE The Contract Weakened Oil Related Strengthening Of USD

Monexnews-U.S. crude Contracts moved down more than $ 1 a barrel in early Asian trading session Monday, hard hit by the rise of the u.s. dollar. CAR INSURANCE
The brent contract was down as much as $ 1.27 to $ 108.55 a barrel, while u.s. oil contract was down to serendahnya $ 92.42, down as much as $ 1.03.
The u.s. dollar index rising 0.7%, making the price of the commodity becomes more expensive for holders of currencies other than USD.
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Oil near $ 90.50 contract Related Supplies

Monexnews-contract for crude oil remained near $ 90.50 a barrel Thursday, after weakening in the previous session on U.S. data that shows related to the high inventory, partly reflects the hope after improving data on the workforce in February from the private sector of the workforce.

Investors will await the ECB policy meeting, when the central bank will probably give a signal when trimming interest rates further economic stimulus.

The crude oil contract rose 1 cent to $ 90.44 a barrel. At the previous session the price closed 42 cents lower at $ 90.43 after moving between stable $ 99.50 and $ 91.17.

Brent oil contract before last down 55 cents at $ 111.06 per barrel after trading between $ 125 and $ 110.46.

The crude oil inventory increase while imports drop, level and oil refineries to process oil down as fewer, said the Energy Information Administration indicated on Wednesday.

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The oil contract Approach $ 93 after the certainty of Bernanke

Monexnews-U.S. crude Contracts moved toward $ 100 a barrel Thursday after the leadership of the Feds insure back stimulus commitments, while improving economic forecasts also encourages doves for the request there.

Crude oil contracts for April rose 21 cents to $ 92.97 a barrel.

Expenditure Data recorded its largest increase in U.S. efforts in recent years in January. Bookings for capital goods, excluding aircraft and military, jumped 6.3%, the largest increase since December.

Us jobless rate seems to still not be reached the level normally within a few years, Bernanke said Wednesday as she urged yesterday to maintain monetary policy easing.

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