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International oil prices fell to below 80 U.S. dollars
Time：2010-03-19 Read：1580second
By the strengthening U.S. dollar and other factors, international oil prices fell on the 15th round, New York, oil prices fell below 80 U.S. dollars a barrel.
The same day, the EU is unable to help Greece to resolve the debt crisis to reach a consensus, the euro declined against the dollar. A stronger dollar led to a U.S. dollar-denominated crude oil futures prices lower. In addition, the market demand outlook for international energy markets in order to trigger concerns about oil prices.
Day, economic data showed U.S. industrial output in February rose 0.1%, higher than market expectations, the New York area manufacturing index was 22.9, with a slight decrease compared to February. However, these economic data did not have a major impact on oil prices.
This month 17, the Petroleum Exporting Countries (OPEC) will hold a meeting on oil production issues. OPEC is widely expected to keep current output levels.
To the day of closing, the New York Mercantile Exchange, light sweet crude for delivery in April futures fell 1.44 dollars to close at 79.80 U.S. dollars a barrel. London market, Brent crude oil futures fell 1.50 U.S. dollars to settle at 77.89 a barrel. (Chen Gang)
The same day, the EU is unable to help Greece to resolve the debt crisis to reach a consensus, the euro declined against the dollar. A stronger dollar led to a U.S. dollar-denominated crude oil futures prices lower. In addition, the market demand outlook for international energy markets in order to trigger concerns about oil prices.
Day, economic data showed U.S. industrial output in February rose 0.1%, higher than market expectations, the New York area manufacturing index was 22.9, with a slight decrease compared to February. However, these economic data did not have a major impact on oil prices.
This month 17, the Petroleum Exporting Countries (OPEC) will hold a meeting on oil production issues. OPEC is widely expected to keep current output levels.
To the day of closing, the New York Mercantile Exchange, light sweet crude for delivery in April futures fell 1.44 dollars to close at 79.80 U.S. dollars a barrel. London market, Brent crude oil futures fell 1.50 U.S. dollars to settle at 77.89 a barrel. (Chen Gang)
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