Fuel oil: US supplies fall, prices also

The low price system of esyoil informs about favorable purchase phases for fuel oil. The green zones are purchase zones. (openPR) - Lueneburg, 15.02.2007. From the USA yesterday messages came over a bad development of the Ölvorräte and the refinery availability. The prices sank nevertheless. The contradiction with charttechnisch motivated commercial activities is justified. The market is ripe for a reaction to the recent upward trend. The decline in prices of the announcement of Saudi Arabia was supported to increase oil production clearly. The dollar came after a speech of US central bank head Ben Bernanke under pressure. Bernake calls the US economy durable and sees dangers of inflation sinking. It suggested itself for days that the U.S. currency will come again into a downtrend. The course movement of yesterday confirms the assumption.

It is cold in the motherland of the oil. Fuel oil consumption is high. Shortly it is to become warmer. Therefore nobody makes itself concerns over the fuel oil supply. Also the stock exchange could not be shocked by the camp losses, which describe DOE (department OF Energy) and API (American petroleum of institutes) in their weekly reports. The numbers i.E.:

Crude oil: -0,6 millions barrel (DOE) and/or -3.4 millions barrel (API)
Fuel oil and Diesel: -3,0 millions barrel (DOE) and/or -0.4 millions barrel (API)
Gasoline: -2,0 millions barrel (DOE) and/or -0.6 millions barrel (API)

In sum a dismantling of 5,6 (DOE) and/or 4.4 (API) millions barrels results. The imported goods are more highly as one week ago however smaller than one year ago. The refinery availability keeps itself persistent under 87 per cent. That is extremely few. Here a praise-rubbing circumstance lurks.

The charttechnische reason for the decline in prices of yesterday fits well into the picture. In addition, the camp statistics supplies an appropriate reason. The long-term development of the supplies shows a structure. The fuel oil existence swing seasonally particularly strongly. Also their trend line points clearly upward.

Saudi Arabia works on the role of the prominent oil servicer. It is invested in promotion and processing installations. Already until 2009 one wants to be able to get up to 14 millions barrel crude oil daily from the earth. Geologists see the announcement with skepticism. Börsianer welcome it with falling prices.

Altogether the market is at present balanced. The offer is good. Therefore the prices could sink further. There are however substantial sleeping dangers, which can set at any time bullische impulses free. The US refinery availability, the partial delivery attitude of Nigeria, the situation in the Iraq, the atomic controversy with Iran, the political instability in the Near East and in the Gulf region, an increase of weather disasters as well as world-wide demand growth are only some of it.

This morning the bears at the pusher remain. The gas oil price holds the deeper level from last night. The ton costs 507 $.

Our fuel oil prices have a new chance on a short term downtrend. The international oil and foreign exchange market supply momentarily consumer-friendly defaults. The being nominal oh question is extremely small. The margins are substantially at pressure. Becomes particularly clear at the approximation of the prices country widely. Normally fuel oil is clearly more expensive in Bavaria than in the north. If that does not apply, there is usually a sales problem. That is at present the case.

esyoil GmbH
Beekeeper stairs 1
21339 Lueneburg
Germany

Tel. +49 (0) 41 31 - 60 39 70
Fax +49 (0) 41 31 - 60 39 79
www.esyoil.com

Press contact:
Dr. Klaus miner
Tel. +49 (0) 41 31 - 60 39 76
Fax +49 (0) 41 31 - 60 39 79
E-Mail: presse@esyoil.com

Esyoil the GmbH was created 2002 and has its company headquarters in Lueneburg.

A strategic goal of the enterprise is the digitization of the fuel oil market with the goal of the price reduction, efficiency increase and avoidance of Verschwendung.

The core business, the marketing of fuel oil over the Internet platform esyoil.com, supplemental by the development and the selling of tank measuring systems for commercial and private users.

With the commercial platform esyoil.com is the enterprise market leader for the fuel oil trade in the Internet. There consumers receive constantly stock exchange near price information for fuel oil and the possibility of ordering at these prices fuel oil. Thus esyoil transparency in the fuel oil market creates. The price calculation is based on a singular technology and contains all relevant parameters for price formation. The prices are daily updated at least three times.

With its regional trade partners negotiate esyoil firm, customer-friendly margins. These are broken open independently of spontaneous market turbulences on the current stock exchange quotations and devoted so a fair fuel oil price for the consumer. So the consumer can lower its fuel oil costs clearly by the regular observation of the fuel oil prices and a long-term supply planning.

Further saving possibilities offers esyoil with his tank measuring systems. For municipalities or e.g. Enterprise of the housing industry, which several tanks manage, developed the enterprise an electronic dipstick with remote supervision. This measures continuously the oil level in the tanks and conveys the results to teletanks.de, a further Website esyoil of the GmbH. Over an individual access code the users can see the respective filling conditions there constantly.

Also for the private consumer there is the electronic dipstick, however without remote transmission. This measures the level of the tank and gives independently of the type of tank information over the remaining supply. At the same time it offers control of the actually supplied fuel oil quantity.

Further information to the services and products esyoil of the GmbH finds you under www.esyoil.com and www.teletanks.de

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