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New York crude oil futures closed at a 30-month high
Source:China Fertilizer Net   Time:2011-04-07   Read:958second  

Beijing April 7 morning news, New York crude oil futures prices rose Wednesday to 30 months, the highest level since, as investors still worried about future oil supply.
Day, the New York Mercantile Exchange (NYMEX) 5, light sweet crude for May delivery rose 49 cents to close at $ 108.83 a barrel, or 0.5%, the highest since September 22, 2008 the highest closing price since; $ 109.15 a barrel after earlier hitting a high point. Compared to last year, New York crude oil futures prices rose by 25%.
ICE Futures Europe, London, May Brent crude delivery rose 8 cents to close at $ 122.30 a barrel, the highest since August 1, 2008 the highest closing price since, after earlier hitting a barrel $ 123.37.
New York crude oil futures prices fell in the highest 0.6% earlier today, because according to the U.S. Department of Energy's Energy Information Administration (EIA) data released last week, U.S. crude oil inventories increased 195 million barrels to 3.577 million barrels. Bloomberg News survey of 15 analysts surveyed expect an average increase of 200 million barrels in crude stocks last week.
Energy Department report also showed that gasoline inventories fell last week, 35.7 million barrels to 216.7 million barrels; Bloomberg News survey, analysts on average expected the week to reduce the 190 million barrels of gasoline inventories. Over the past four weeks, gasoline demand fell 1% to 891 million barrels a day, down 1.2% over last year.
In other Nymex trading, May delivery RBOB gasoline futures fell 1 cent to close at $ 3.19 per gallon (about $ 0.84 per liter), a decrease of 0.3%; May heating delivery Oil futures rose 1 cent to close at $ 3.19 per gallon (about 0.84 U.S. dollars per liter), or 0.2%. (Civil and military)

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