Oil price falls to lower limit $ 82

Crude oil prices on the New York Stock Exchange continued to fall until it was at the lower limit of U.S. $ 82 per barrel. Traders give serious attention at this time to the latest report on U.S. unemployment benefits recipients.

According to the daily of The Wall Street Journal, based on the transaction Thursday afternoon New York time (Friday morning GMT), the price of crude oil for September contract fell 46 cents (0.6 percent) to U.S. $ 82.01 per barrel. In London, Brent fell 53 cents (0.6 percent) to U.S. $ 81.67 per barrel.

Like in the stock market, traders in the oil market also affected the reporting of unemployment benefits recipients in the U.S. According to the weekly report of U.S. Department of Labor, the number of new recipients of unemployment benefits last week, rose from 460 000 persons from the previous week, to 479 000 people.

Previously, economists that were surveyed by Thomson Reuters estimate the decrease in the number of new unemployment benefit recipients. At the latest years, reports like these become important reference for market participants projecting the unemployment rate in the oil.

According to market logic, the more people who are unemployed, the number of users of motor vehicles and public transport was reduced. In the end, the situation could reduce oil consumption so that demand for energy resources is declining