Beijing on February 25 morning news, New York crude oil futures prices Thursday from 29 months the highest level since the fall, closing down 0.8%, because the United States, Saudi Arabia and the International Energy Agency (IEA) said it's ability to maintain supply of crude oil volume.
Day, the New York Mercantile Exchange (NYMEX) 4, light sweet crude for May delivery fell 82 cents to close at $ 97.28 a barrel, down 0.8%; after the contract had hit $ 103.41 a barrel, the highest since 2008 September 28th day since the highest level. Compared to last year, New York crude oil futures prices have risen by 22%.
ICE Futures Europe in London April delivery Blatter North Sea crude fell 3 cents to $ 111.22 a barrel; after the contract had hit $ 119.79 a barrel, the highest since August 22, 2008 the highest since level. In today's trading, the New York Mercantile Exchange crude oil futures contract in April with April Blatter North Sea crude oil futures contract extended to the difference between the $ 13.94 a barrel last year, the average of the price difference is only 76 cents per barrel .
Connecticut Energy Advisory bodies Tradition Energy analyst Gene Munster - McCaw Jilie An (Gene McGillian) said: "It looks like (the United States, Saudi Arabia and the International Energy Agency) played the final impact of this guarantee."
International Energy Agency said that the department has already done the necessary time to release emergency stockpiles of crude oil preparation. The IEA was established in 1974, the United States, Japan and Germany, 28 developed countries, energy consultant's recommendations. According to a source familiar with the matter said, Saudi Arabia and the OPEC (OPEC) member countries indicated that they will not wait for an emergency meeting of OPEC to increase production, and will be based on market demand to provide any additional crude supply.
According to the U.S. Department of Agriculture's weekly data showed that as at February 18 the week to 82.2 million barrels of crude oil inventories rose to 3.467 million barrels, an increase in the sixth consecutive week, but the increase was less than analysts expected. Bloomberg News survey of 15 analysts surveyed average estimate, the increase in the week to 110 million barrels of crude oil stocks. The data also show that as of February 18 the week to 280 million barrels of gasoline inventories fell to 238.3 million U.S. dollars, the first time this year, weekly decline. Bloomberg News survey shows that analysts on average expected increase in gasoline stocks for the week of 85 million barrels.
In other Nymex trading, gasoline futures for March delivery rose less than 1 cent, to close at $ 2.72 per gallon (about $ 0.72 per liter), the highest since September 12, 2008 since the the highest closing price; 3 heating oil futures for January delivery fell 3 cents to close at $ 2.88 per gallon (about $ 0.76 per liter), a decrease of 0.9%; March delivery fell 11 cents Natural gas futures prices , per million British thermal units to close at $ 3.79, down 2.7%, the highest since October 27 last year, the lowest closing price since. (Jin-liang)