Tuesday 17 November 2009

Oil prices


This years oil price according to the Laconia barometer is between 2.50 - 2.60 per kilo.
Last year was the worst year for oil and the auctions closed at 3.12 euros per kilo in 2007 to 3.85 million in 2006 to 3.57 per kilo.
Increased production of oil at international level this year in conjunction with the financial crisis caused by the reluctance of traders to buy oil held prices back, furthermore, according to all estimates, the Spanish and Italian olive oil has increased the quantity of high quality oils and to some extent this meets the needs of industry.

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