The situation in Libya and the United States by the rise in crude stocks of European and American differences in crude oil futures, NYMEX crude oil futures ended lower, to $ 104.38, ICE Brent crude futures sharply higher, to $ 115.94.
Integrated media reported on March 9, 9 the United States and Europe show very different trends of crude oil futures, escalation of violence by the Libyan and U.S. oil inventories unexpectedly increased by two factors.
New York Mercantile Exchange (NYMEX) crude oil futures contract settled down on April 64 cents, to $ 104.38 a barrel by increases in U.S. crude inventories last week, more than expected drag.
But the ICE Brent crude oil futures contract rose $ 2.88 to $ 115.94 a barrel, or 2.6%, reflecting the market's Libya and the Middle East conflict could trigger unrest intensified fears of supply disruptions.
The spread between the two contracts fell to $ 8 in the previous trading day and then rebounded to $ 11 below the top.
U.S. Department of Energy (Department of Energy) report released last week, U.S. crude oil inventories increased by 250 million barrels, an increase of more than analysts expected.
New York Mercantile Exchange crude oil futures rose delivery to Cushing's inventory record high of 4030 million barrels.
Riots in Libya that the decrease of 100 million barrels of oil output, exports almost interrupted. Although the increase in Saudi Arabia promised to make up the supply gap, but the market situation in the region could spread unrest in oil prices expected to remain at $ 100 or more.
According to Iraqi police said a crude oil pipeline to Turkey in Iraq explosion supply disruptions. Iraq sent through the line at about 45 million -49 million barrels of crude oil, connecting Turkey's Mediterranean port of Ceyhan.
U.S. stocks boosted oil futures. Gasoline inventories fell last week, 550 million barrels, distillates (including heating oil and diesel) inventories fell by 400 million barrels, fell more than analysts expected, indicating that despite rising fuel prices, demand may rise.
April RBOB gasoline contract settled down 8.05 cents to $ 3.0272 a gallon, or 2.7%. April heating oil futures contract settled up 5.96 cents to $ 3.0707 a gallon, or 2%. (Chung Sang Yu)