Xinhua net New York on May 5, (reporter QiaoJiGong) due to rising dollar,Tory Burch Flip Flops, demand decreases and the organization of petroleum exporting countries (Opec) may increase in oil market news of large-scale sell dish behavior, international oil prices 5 slump, New York and London market prices fall by more than 8%, New York oil prices fell below $100 a barrel.
according to figures released in the year to April 30, American media snapshot for an initial unemployment 4.3 million the number increase, accidental 47.4 million, for total to its highest level since last August. American economic weakness leading investors concerns of oil demand. Plus the day Germany, according to figures released march industrial order accident reduction, market generally worry, global oil demand may be slowing down.
Moreover, because the price is high, U.S. gasoline and fuel needs to fall. According to the U.S. energy QingBaoShu data, the United States last week average daily gasoline demand fell to 9.1 million barrels, down 2% than the same period last year. Demand drop caused gasoline and fuel oil futures prices 5 plunged more than 15%.
Meanwhile, market personage says, that day were news said Opec may consider to increase output declines in oil prices, rising.
In addition, the European central bank President jean-claude trichet said in June the accidentally, resulting in euro rates tumbled. Tracking dollars to a basket of currencies exchange rate changes dollar index rose Tory burch outlet 1.5% above, a strong dollar dollar-denominated crude oil market to cause stress.
The New York mercantile exchange, senior oil traders Raymond caborn said: "at present investors think oil prices high, liquidated arbitrage, the large-scale choice withdraw from the market, flocked to the safer investment fields." Caborn think, recently a drop in oil prices have technical requirements, "market may not blindly go high".
To the closing day, New York mercantile exchange June delivery of light oil futures price collapse, closing at $9.17 99.80 dollars a barrel, fell 8.39%. This is New York oil prices since early march this year for the firstTory burch outlet time since below $100 a barrel.
London market June delivery beihai brent crude oil futures prices tumbled, closing at $10.39 110.80 dollars a barrel, 8.57% fell. The day once fell more than $12 verma, one-day fall after the lehman brothers bankruptcy level
according to figures released in the year to April 30, American media snapshot for an initial unemployment 4.3 million the number increase, accidental 47.4 million, for total to its highest level since last August. American economic weakness leading investors concerns of oil demand. Plus the day Germany, according to figures released march industrial order accident reduction, market generally worry, global oil demand may be slowing down.
Moreover, because the price is high, U.S. gasoline and fuel needs to fall. According to the U.S. energy QingBaoShu data, the United States last week average daily gasoline demand fell to 9.1 million barrels, down 2% than the same period last year. Demand drop caused gasoline and fuel oil futures prices 5 plunged more than 15%.
Meanwhile, market personage says, that day were news said Opec may consider to increase output declines in oil prices, rising.
In addition, the European central bank President jean-claude trichet said in June the accidentally, resulting in euro rates tumbled. Tracking dollars to a basket of currencies exchange rate changes dollar index rose Tory burch outlet 1.5% above, a strong dollar dollar-denominated crude oil market to cause stress.
The New York mercantile exchange, senior oil traders Raymond caborn said: "at present investors think oil prices high, liquidated arbitrage, the large-scale choice withdraw from the market, flocked to the safer investment fields." Caborn think, recently a drop in oil prices have technical requirements, "market may not blindly go high".
To the closing day, New York mercantile exchange June delivery of light oil futures price collapse, closing at $9.17 99.80 dollars a barrel, fell 8.39%. This is New York oil prices since early march this year for the firstTory burch outlet time since below $100 a barrel.
London market June delivery beihai brent crude oil futures prices tumbled, closing at $10.39 110.80 dollars a barrel, 8.57% fell. The day once fell more than $12 verma, one-day fall after the lehman brothers bankruptcy level
No comments:
Post a Comment