As a result of Tropical Storm Bonnie, which is expected to move towards the Oil Spills, world crude oil prices continue to rally near the level of $ 80 per barrel in closing trade weekends, Friday, July 23 local time.

The rally, triggered by Tropical Storm Bonnie, which is expected toward to Gulf of Mexico, and also heard the results of “stress tests” to European banks.

For New York’s main contract, the price of light sweet crude for delivery in September, could touch the level of USD79, 60 per barrel, the highest since May 5, before America fell 32 cents to the dollar level of USD78, 98 per barrel.

Meanwhile, for the price of crude on London’s Brent North Sea, for September delivery fell 37 cents to U.S. $ 77 level, 45 per barrel.

“Hurricane Bonnie when viewed more complex influence of crude oil. But even benefit from trade yesterday, although only slightly,” analysts at BMO Capital Markets said in a report.

“With the euro continued to hit the United States dollar and equity markets continue to rally, the decline in crude oil is very limited, and $ 80 per barrel may not be a pipe dream,” he said.

Tropical Storm Bonnie, expected to move towards the oil producing areas of the Gulf of Mexico. The crew who worked at BP’s huge oil spill, were evacuated on Friday, extending the area of environmental and economic nightmare.