International oil prices continued to pullback
Time：2010-04-13 Read：1438second
As the weaker dollar failed to offset investor concerns about weak demand for energy, 12 international oil prices continue to pullback.
Euro-zone countries over the weekend to provide relief on loans to Greece, the details of an agreement to ease the market's concerns about the Greek sovereign debt crises, and promote a stronger euro, the dollar fell against a basket of currencies.
However, despite the usually weaker dollar will lead to dollar-denominated crude oil futures prices up, but New York, London, 12, both the two oil price fell.
By the end of March to early April day in international oil prices have been up for six from 80 U.S. dollars per barrel rose to 86.84 U.S. dollars in one fell swoop, but analysts believe this lack of fundamental wave rally the support of the energy demand is still weak and can not support USD 85 oil price. According to the U.S. Department of Energy's latest data, U.S. crude oil inventories increased ten weeks in a row.
Investors generally bearish demand outlook in the circumstances, the international oil prices fell from 12 for the fourth consecutive trading days. New York Mercantile Exchange, May light sweet crude for delivery the same day 84.08 U.S. dollars a barrel in intraday trading, closed down 58 cents to close at 84.34 U.S. dollars a barrel. London, May Brent crude futures fell 6 cents to close at 84.77 U.S. dollars a barrel. (Yang Lei)
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