USD News: A frantic rally in oil prices sparked by the agreement of
EU leaders to adopt measures for the relief of countries facing the pressures
of the market and move towards closer integration of banking.
The contract of supply of crude gained 7.27 USD August or 9.4% to end trading in 84.96 USD a barrel on the New York City. It was the biggest percentage rise in crude by March 2009.
In weeks later won 6.5%. The image is negative but the June quarter and the slow decline to 1.8% and 18% respectively. It was the worst quarterly performance since late 2008.
European leaders in Brussels agreed to move to a narrower banking framework and asked the European Commission to rapidly present its proposals for a single supervisory mechanism. At the same time agreed to allow the European Support Mechanism (ESM) have the possibility of direct recapitalization of banks.
For countries that have been found in the center of pressure lately, European leaders agreed to use existing mechanisms to rescue euro zone "flexible and effective way" to "stabilize the markets of the Member States comply with the recommendations."
The contract of supply of crude gained 7.27 USD August or 9.4% to end trading in 84.96 USD a barrel on the New York City. It was the biggest percentage rise in crude by March 2009.
In weeks later won 6.5%. The image is negative but the June quarter and the slow decline to 1.8% and 18% respectively. It was the worst quarterly performance since late 2008.
European leaders in Brussels agreed to move to a narrower banking framework and asked the European Commission to rapidly present its proposals for a single supervisory mechanism. At the same time agreed to allow the European Support Mechanism (ESM) have the possibility of direct recapitalization of banks.
For countries that have been found in the center of pressure lately, European leaders agreed to use existing mechanisms to rescue euro zone "flexible and effective way" to "stabilize the markets of the Member States comply with the recommendations."
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