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NYMEX crude oil futures on the 23rd record high of two and a half
Source:China Fertilizer Net   Time:2011-03-24   Read:1011second  

The situation in Libya and by the fall of gasoline supplies, NYMEX crude oil futures 23 record high of two and a half, at $ 105.75 a barrel, ICE Brent crude futures fell slightly, to $ 115.55 a barrel.
Integrated media reported on March 23, the New York Mercantile Exchange (NYMEX) crude oil futures settled at a record two and a half on the 23rd to the highest level, because of the multinational force to continue air strikes against Libya and the United States announced a substantial decline in gasoline inventories.
NYMEX light sweet crude for April rose 78 cents to September 2008 the highest settlement price since the $ 105.75 a barrel, or 0.7%. ICE Brent crude futures fell 15 cents to $ 115.55 a barrel, down 0.1%.
United States and its allies continue to implement measures against the armed forces loyal to Muammar Gaddafi. Market participants uncertain how long the war will be expected to Libyan oil supply may be interrupted more.
Meanwhile, the Syrian military in the southern town of La (Daraa) opened fire on demonstrators, resulting in 5 deaths, the message will rekindle people's unrest spread to other major oil-producing concerns.
        
U.S. Department of Energy (Department of Energy) announced last week, U.S. gasoline inventories fell more than expected, which push the oil price to rise. Department of Energy's Energy Information Administration (Information Administration) announced that 530 million barrels decline in gasoline inventories last week. Analysts had expected a decline in gasoline inventories of 200 million barrels.
        
March RBOB gasoline futures contract settled down 1.04 cents to $ 2.3417 a gallon, down 0.4%. March heating oil futures fell 1.17 cents to $ 2.4757 a gallon, down 0.5%. (Dan-Qing)

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