Japan's nuclear crisis by, NYMEX crude oil futures plunge 4% 15, closed at $ 97.18 a barrel, a record biggest one-day drop in nearly five months, gasoline futures fell 5.3%, marking the biggest one-day more than a year decline.
Nymex April crude oil futures contract fell $ 4.01, the lowest settlement price per barrel two weeks to $ 97.18, down 4%, the highest since October 2010 the largest single-day decline. ICE Brent crude futures fell $ 5.08 to $ 108.59 a barrel.
Japan's nuclear crisis and the country's slow economic recovery may be curtailed further pressure oil prices, escalation of tensions in the Middle East also failed to boost its composition.
Experience in high-risk assets across the board sell-off occasion, the oil price as the major indexes in Japan (-11%) a crash.
Japan's nuclear crisis, the market 9.0 earthquake and tsunami exacerbated concerns about long-term effects. Japan may need to import more oil and refined oil for power generation, alternative risk nuclear reactors. But the rise in oil demand in Japan is less than the expected fears the people, investors worried about the earthquake and possible leakage of radioactive material impact on the global economy.
Gasoline futures hit more than a year to the biggest one-day drop, although the United States Department of Energy (Department of Energy) 16 inventory data released last week may show U.S. oil inventories fell.
April RBOB gasoline contract settled down 15.74 cents to $ 2.8029 a gallon, down 5.3%. April heating oil futures fell 11 cents to $ 2.9538 a gallon, down 3.6%. (Also white)