Texas crude rises 0.28% and closed at $101,28

The Texas oil climbed yesterday 0.28% and closed at $101,28 per barrel despite the warning launched by Standard & Poor's rating of sovereign debt of 15 countries of the eurozone and the European Fund for financial stability (EFSF).

At the end of the second session of the week at the Mercantile Exchange in New York (Nymex), futures contracts of the oil through of Texas (WTI) for delivery in January, of nearest expiration, added 29 cents to the price of the previous day closing.

The so-called "black gold" recorded progress while following the closure of the New York markets on Monday the Agency Rating Standard & Poor's placed under review for a possible reduction to 15 countries zone euro, including the six who enjoy the highest note of "AAA": Germany, France, Holland, Austria, Finland and Luxembourg.

In addition, that same agency threatened yesterday to lower enrolment of honour u000athat is so far the European Fund for financial stability (EFSF), a degradation that could be up to two steps.

S & P warnings occur days before European leaders meet in Brussels to address the debt crisis, an appointment which is creating expectations among operators in New York on a possible breakthrough in taking action to solve a crisis that has been pushing the demand for oil to level world.

Despite warnings of the Agency's rating, the dollar weakened at this time against the euro, so that for one euro were paid 1,3409 dollars, compared with the 1,3401 of the day previous.

The weakening of the dollar tends to push upward the price of oil futures and other raw materials, to negotiate in dollars, are relatively cheaper with a "green ticket" depreciated.

On the other hand, both gasoline contracts such as those of u000adiesel fuel for heating, both with maturity in January, joined this day three cents, and so ended in 2.64 and 3.02 dollars per gallon (3.78 l), respectively.

Meanwhile, contracts for natural gas with the same month delivery added 2 cents the previous closing price and ended the session at $3.48 per each thousand cubic feet.

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