ROPA – do roku 2016 nad $100

Crude oil futures prices are likely to remain above the $100 mark although in the short run it may weaken because of the impact of US economic slowdown, analysts said.

Crude oil for delivery until 2016 have surged above $100 a barrel as investors bet that oil costs will remain high in the long. All oil futures until December 2016 finished last week above $100 a barrel for the first time after a strong rally in long-dated futures prices.

The Nymex December 2016 future settled on Friday at $103.59 a barrel.

In many oil producing countries the cost of extraction of oil has risen dramatically since 2001. The need for further investments is likely to drive prices even to $175 levels, according to some analysts.

The rise in long-dated prices is making it more difficult for industrial consumers, such as airlines and utilities, to hedge their fuel costs using futures as they can no longer take advantage of much lower forward prices to secure cheaper supplies.

Zdroj: CommodityOnline.com

18.03.2008