Affected by the rising dollar, the international crude oil prices high of 7 down slightly from two years.
Announced the same day U.S. President Barack Obama, the Democratic Party and Republican leaders to extend the Bush tax cuts during the agreement. Under the agreement, the current tax cuts will be further extended for two years and one year reduction in the payroll tax referendum. As investors hope that the extension of tax cuts help to stimulate consumption, so as to promote U.S. economic recovery. The news boosted the dollar rose against major currencies, dollar-denominated crude oil prices fell.
To the closing, the New York Mercantile Exchange for delivery in January next year, light sweet crude fell 69 cents to settle at $ 88.69 a barrel. London Brent crude fell 6 cents to close at $ 91.39 a barrel. (Jinglan)