Nearest oil futures prices surge by 5.75 % - 10.36 % on major world trading floors

05.11.08 15:10
/IRBIS, Dinara Mukasheva, November 5, 08/ - By the results of trades of November 4 this year: - on NYMEX (New York) the price of Light Sweet Crude Oil mixture with delivery in December 2008 increased by 10.36 % to $70.53 per barrel; - on ICE (London) price of December Brent Forties Oseburg futures grew by 9.85 % to $66.44 per barrel Oil grew with dollar falling and optimistic expectations of the 44th USA President election. American stock indexes have grown: Dow Jones Industrial Average - by 3.3 % to 9,625.28 points, S&P 500 - by 4.1 % to 1,005.75 points, Nasdaq Composite - by 3.1 % to 1,780.12 points. Investors link hopes on coping with difficulties in the USA financial system and restoration of economy growth rate with results of election. The data of exchanges, published in various information systems, have been used to create this message. [2008-11-05]