The price of crude oil in the world's major markets continues to strengthen along with the weakening of the dollar United States (U.S.). In addition, along with the continued rally in the stock market, oil market participants are optimistic that the global economic recovery begins to be effective.
In a transaction in NYMEX exchange , New York, Wednesday afternoon local time (Thursday morning GMT), the price of light sweet crude for October contract rose 21 cents to the position of U.S. $ 71.31 per barrel. On the London ICE exchange, the price of Brent oil for October contract rose 41 cents to as low as U.S. $ 69.83 per barrel.
