Beijing May 10 morning news, New York crude oil futures prices surged more than 5% Monday, closing above $ 102 a barrel, to terminate the previous 5 trading days of continuous decline, the reasons for the collapse last week to attract investors to re- admission.
Day, the New York Mercantile Exchange (NYMEX) 6 Light, sweet crude for February delivery rose $ 5.37, to close at $ 102.55 a barrel, or 5.5%, since the first time since last Wednesday to close at 100 dollars a barrel or more, one hour before the close of the last touched a high of $ 103.40 a barrel. In last week's trading, New York crude oil futures fell nearly 15%, to close at $ 97.15 a barrel, the highest since December 2008, the highest since the weekly percentage decline. Over the past year, the New York crude oil futures prices rose by 37%.
ICE Futures Europe, London, June Brent crude delivery rose $ 6.71, to close at $ 115.84 a barrel, or 6.2%.
Intercontinental Exchange (ICE), the dollar index points from Friday's 74.790 down to 74.690 points, also support the formation of the crude oil market. Market research firm Prestige Economics LLC's chief economist Jason - Schenker (Jason Schenker), said a reliable global growth prospects, the prospect of a weaker dollar, and investors interested in investing in commodity markets should play a supporting crude oil The role of futures prices rebound.
In other Nymex trading, June RBOB gasoline futures delivery rose 19 cents to close at $ 3.28 per gallon (about $ 0.87 per liter), or 6.1%, the highest since the main gasoline futures contracts the highest increase since the end of February; June heating oil futures delivery rose 12 cents to close at $ 2.96 per gallon (about $ 0.78 per liter), or 4.1%; June natural gas futures prices 8 cents per million British thermal units to close at $ 4.15, down 1.9%. (Civil and military)