Forex Pros - Crude oil prices rose on Friday after he suffered a decline of eight consecutive days with the dollar's decline has helped to lift prices, but rising concerns over global economic outlook contributed to the limited gains.
In the New York Mercantile Exchange, oil trading, light sweet crude for delivery in October / October at 82.75 dollars a barrel at the close of trading on Friday, shedding 3.65% and this decline for the fourth week in a row.
And crude oil prices fell by 2.5 percent to 79.41 dollars per barrel on Friday, its lowest level in Osmaana days, amid mounting concerns about global economic growth and demand for crude oil in the future.
However, oil prices helped the elimination of losses as the dollar fell against the euro and fell to a record low against the yen as well.
In any case, the oil prices rise when the dollar drops, and that the prices of goods including the dollar becomes cheaper for traders to other currencies.
Fell on Thursday, crude oil prices by 6% after data reinforced U.S. concerns that the U.S. economy was deteriorating.
Among the reports of U.S. economic disappointing data came from home sales and jobless claims weekly, less than expected, while the hue index of industrial activity in the area of Philadelphia to its lowest level in August - this was down the most since the month of March to March 2009.
The energy traders to give great importance to the manufacturing numbers, where is the scale of demand for fuel in the future.
The data showed a weekly issued by the Energy Center on Wednesday, a mixed picture of demand for fuel for the largest fuel consumer in the world.
Increased stocks of crude oil grew 4.2 million barrels last week, despite expectations Bankhvadh to 0.5 million barrels, while gasoline stocks fell 3.5 million barrels above expectation, which was supposed to exceed 2.0 million barrels.
Elsewhere in the stock futures and contracts for Brent crude for October delivery - October at 109.17 dollars a barrel at the end of trading on Friday.
Brent contract offer by 1.25% during the week at 26.42 dollars on his U.S. counterpart, which is the highest elevation that has been registered, where he helped cut supplies from the North Sea and Nigeria supported prices in Brent.
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