Fuel oil prices fall in the 50.Kalenderwoche 2006 on deepest conditions in this year

(openPR) - for the 50.Kalenderwoche 2006 the following concrete evaluation for the individual ranges can be made:

1.Auf basis of current pricings of the fuel oil portal www.brennstoffhandel.de is the fuel oil price for 3,000 a litre portion size for fuel oil of the sort “standard quality “in the 50. 2006 in relation to the previous week around 0,75 €/100 litres (- 1.3%) on 55,19 €/100 litres please calendar week.

Main cause for the decrease of the fuel oil prices in this week was:

1. Decrease of the fuel oil paragraph with reduced demand and thus pressure on entire price - and margin level.

Thus the current fuel oil price for fuel oil of the sort was „to standard quality “in this week around 13,12 €/100 litres under the highest level, which was reached in the 35.Kalenderwoche 2005 with 68,31 €/100 litres.

2. The crude oil price for the North Sea sort Brent rose in relation to the previous week around 1,29 USD/Barrel (+2.1%) to 63,49 USD/Barrel.

At the end of this week the crude oil price over the mark closed of 63,00 USD/Barrel. The following facts moved this week the crude oil market:

1. Decrease of the US existence with crude oil and central distillates in relation to the previous week.

2. The OPEC seized on its conference to the 14.12.2006 substantial resolutions following in Abuja:
- Lowering of the official OPEC Förderquote starting from 1.02.2007 around 0,5 millions bpd (with it the OPEC promotion sinks on a size of 25,8 millions bpd)
- Admission of Angola into the OPEC to 1.01.2007.

Thus the current crude oil price of the sort Brent was in this week with 13,78 USD/Barrel under the past all time high, which was reached in the 27.KW 2006 with 77,27 USD/Barrel.

3. The rate of exchange relationship euro to US Dollar fell in relation to the previous week around 0,0122 €/USD (- 0.9%) on 1,3081 €/USD.

The euro closed to week-ended under the mark of 1,31. The following topics moved this week the financial markets:

1. The Fed left the US key interest set on its consultation unchanged to 12.12.2006 with 5,25%. Different expressions on the part of the Fed are interprädiert in such a way by the specialists that the Fed could make a key interest reduction in the first half-year 2007. Continues to remain completely open, in which further increase in interest steps will follow time steps in 2007 in the euro area.

2. Far ones strong US work Mark data in such a way fell the weekly Erstanträge on unemployment relief in December around 20.000 to 304.000 requests. This development supported the dollar to the weekend, so that far landing “of the US economic situation soft of one „can be gone out. Thus the current rate of exchange relationship euro to US Dollar was in this week around 0,0484 €/USD under the highest level, which was reached in the 1.Kalenderwoche 2005 with 1,3565 €/USD.

4. The US supplies of crude oil fell in relation to the previous week around 4,3 millions barrels (- 1.3%) on 335,4 millions barrels. The analysts had prognosticated an inventory reduction around 1,3 millions barrels. The US supplies of crude oil lay thereby in this week around 1,6 millions barrel over the highest level in 2005, which was reached in the 21.Kalenderwoche with 333,8 millions barrel.

5. The US supplies of central distillates (fuel oil and DK) fell in relation to the previous week around 0,5 millions barrels (- 0.4%) on 131,9 millions barrels. The analysts had prognosticated an inventory increase around 0,3 millions barrels. Thus the current US supplies of central distillates lay in this week around 3,3 millions barrel under the highest level in 2005, which was reached in the 34.Kalenderwoche with 135,2 millions barrel.

Market estimate for the development of the fuel oil prices of the sort „standard quality “at the beginning of the 51. Calendar week 2006:

On basis of the current development in the 50.Kalenderwoche go out we for the beginning of the new week with a lateral movement with the fuel oil prices.

gdbm info+service GmbH
Fiete Schulze road 10
Resounds to 06116
Telephone number.: 0345-686 88 38
Fax NR.: 0345-5600681
E-Mail: info@brennstoffhandel.de
www.brennstoffhandel.de

Dienstleister for Brennstoff-und mineral oil trade industry.

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