The negotiations between Iran and the P5 +1 group did not reach any agreement as expected, to be th

The negotiations between Iran and the P5 +1 group did not reach any agreement as expected, to be the major push oil prices back on both exchanges leading important as New York and London.
Ending the session on 11/11, sweet crude, mild December delivery on the New York commodities rose 54 cents to $ 95.14 per barrel, while the price of crude oil, Brent North Sea crude for the same light on the London an post futures jumped $ 1.28, respectively, 1.2%, to $ 106.40 per barrel, the price difference makes this stretch two contracts to $ 11.26.
Many analysts believe that, after the adjustment in recent weeks, the market starts to go up again, despite the amount of U.S. supply outstrips demand. Most likely, the low prices due to market experts will provide previously difficult to achieve, by factors which can cause energy stagnation transactions began to be "liberated".
Last week, negotiations lasted 3 days in Geneva (Switzerland) between Iran and the 5 +1 group (five permanent members of the Security Council of the United Nations and Germany) ended without giving any results all, except to agree to meet again on 20/11. The goal of this round of negotiations is to reach a temporary an post agreement in effect between an post six months and international Tehera.
Speaking yesterday (11/11), the French Foreign Minister Laurent Fabius said that the P5 +1 group was close to a deal with the long-awaited concerning Iran's nuclear program controversial Tehran's controversial. "We were close to a deal with Iran, but the two sides have yet to sign an agreement," he declared on Europe 1 radio.
Reply to BBC TV, Britain's Foreign Minister was optimistic that there is "an appropriate time" to the parties to come to an agreement, because even though the last round of talks but no results have also remarkable progress. He stressed that the two sides currently only a small distance and that the two sides can overcome this disagreement in the coming weeks.
However, in reality, the distance that the British Foreign Minister William Hague mentions not small, an post when Iranian President Hassan Rouhani Tuesday 10/11 continues to assert an post its right to enrich uranium is "limited red "insurmountable. Mr. Rouhani said Teheran had behaved wisely and shrewdly during negotiations on the nuclear issue.
In a separate incident, General Director of the Atomic Energy Organization of Iran Ali-Akbar Salehi yesterday (11/11) stated that, water bodies and the International Atomic Energy (IAEA) has reached an agreement on a "road map of cooperation" to resolve the outstanding issues related to the current nuclear program controversial Middle Eastern countries.
According to analysts, this route involves Iran to allow IAEA inspectors to visit its nuclear sites Teheran. However, this also shows impasses in Iran nuclear talks have yet to be resolved in overnight, and means that the transaction limit Iran's crude oil is difficult to be handled soon as expected.
According to the U.S. Energy Information Administration, Iran's crude oil production in 2012 was down about 17% compared to 2011, is due to be affected by the sanctions of the U.S., UN and European Union . However, in October last, Iran remains the largest crude oil producer in the Organization of the 6th Petroleum Exporting Countries, with about 2.6 million barrels / day.
In yesterday's trading session, the market was affected by data released last week showed industrial output in October China's recent increase of 10.3% over the same period in 2012, higher than with initial forecasts of analysts. It is also an important cause crude oil prices rebounded strongly in the first trading day this week.
Back commodity exchanges in New York, beginning the week ended 11/11, delivered gas prices in December rose 5 cents to $ 2.60 per gallon. Prices for gas delivered in January next year to stand at the threshold of $ 3.62 / million BTU. According to Bloomberg
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