Oil is cheaper in anticipation of Fed statement

The cost of the October futures for U.S. light crude oil WTI (Light Sweet Crude Oil) in electronic trading in New York as of 02/15 Moscow declined to $ 0.33, or 0.39% – to 84.97 dollars per barrel. October futures price for North Sea petroleum mix of mark Brent fell $ 0.29, or 0.26% – up to 110.33 dollars per barrel. "The market will be very disappointed with what will happen in Jackson Hall today (Bernanke speech – Ed.) Markets set up himself that he would get a rabbit from a hat, but I do not think he's going to do it" – the analyst CMC Markets Michael Hevson (Michael Hewson), as quoted by Bloomberg. In addition, Friday will be published the revised estimate (GDP second) of real U.S. GDP growth for the second quarter of 2011. Analysts believe that the initial growth rate, fixed at 1.3% compared to the first quarter of this year, will be revised downward – to 1.1%. See the exchange rates