The petroleum demand decelerated; the price was duplicated.Â

Starting from the economic world crisis begun in August of the 2007, the price of the petroleum was duplicated: it went from the 70 dollars per barrel to the current historical record of the 140 dollars. What has happened? How is it possible that, before a clear fall of the global demand and the world economic deceleration, such increment in the values of the crude market have taken place? Leer más »

After yesterday’s announcement of the OPEC, the price of the barrel of petroleum exceeded the US $129 dollars for the first time in New York; the naphthas in the entire world raise.Â

After the announcement of the Organization of the Petroleum Exporting Countries (OPEC) that the production won’t be increased, at least until its meeting of September, the crude marked a new historical record when going over the mark of the US$ 129 in New York. Leer más »