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New York oil futures ended below $110 per barrel
Source:Chinese fertilizer nets   Time:2011-04-12   Read:1127second  

Beijing time on April 12, New York at news crude oil futures prices ended down on Monday, drop set a month to its highest level since, the reason is the international monetary fund (IMF) cut to the United States and Japan the expected economic growth, suggesting that the oil price rise on global economic growth brings the risk.

That day, New York mercantile exchange (NYMEX) at the delivery of light in May drop $2.87 crude oil futures prices in 109.92 dollars a barrel, barrel, fell 2.5%, since March 15, set the highest since one-day; On April 8th, New York trading crude oil futures prices 112.79 dollars a barrel, in barrel set since September 22, 2008 the highest since closing price. In the past one year, New York oil futures prices rose 29%.

The international monetary fund in the World today released "(World Economic Outlook report said one Outlook), the U.S. economy this year's growth rate will be lower than 2010, reason is that the unemployment rate remains at more than 8 percent level, consumer confidence fell. Another reason why oil prices rising as the us dollar and the intercontinental exchange (ICE) used to track the dollar/euro, yen and sterling, Canadian and Swedish crowns and Swiss francs six currencies from the dollar index rose to 74.892 points on Friday 74.954 points.

In other nymex trading in the delivery of RBOB in May gasoline futures prices 6 cents, to $3.20 in barrel per gallon per liter (roughly $0.85 fell 1.9%;) May the heating oil futures prices for delivery fell 7 cents, to $3.25 per gallon in barrel per liter (roughly $0.86 fell 2%;) May the natural gas futures prices for delivery in each barrel 7 cents, to $10 million British thermal units, up 1.7%. (military)

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