Nearest oil futures prices surge 0.53 % - 1.01 % on major world trading floors

27.08.08 15:18
/IRBIS, Dinara Mukasheva, August 27, 08/ - By the results of trades of August 26 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in October 2008 increased by 1.01 % to $116.27 per barrel; - on ICE (London) price of October Brent Forties Oseburg futures grew by 0.53 % to $114.63 per barrel Oil is growing for two days in row on reinforcement of tropic storm Gustav to hurricane ratio. According to National Hurricane Centre of USA, Gustav is moving in the centre of Caribbean Sea and has already reached Haiti. Wind maximum speed reaches 130 km/h. The last data on storm gives basis for traders to be concerned about delivery failures from oil producing regions of Gulf of Mexico. The data of exchanges, published in various information systems, have been used to create this message. [2008-08-27]