Nearest oil futures prices surge 1.20 % - 1.26 % on major world trading floors

/IRBIS, Dinara Mukasheva, July 4, 08/ - By the results of trades of July 3 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in August 2008 increased by 1.20 % to $145.29 per barrel; - on ICE (London) price of August Brent Forties Oseburg futures grew by 1.26 % to $146.08 per barrel Oil rose on the announcement of Shakib Khelil the president of OPEK warning should the European Central Bank increase the interest rates, oil prices may go up due to further dollar depreciation. Demand on oil on the side of developing markets, mainly China for provision of power on the threshold of Olympic Games, and liquidation of consequences of the Sychuan earthquake has forced oil to climb. Quotations growth has been corrected by a sharp dollar growth after the report of the Ministry of Trade of the USA had been released saying 62,000 non agricultural jobs were lost in June. The nation lost jobs for a sixth month in row. The data of exchanges, published in various information systems, have been used to create this message. [2008-07-04]