New York crude oil futures prices closed down nearly 2 percent Friday, as the U.S. second quarter GDP growth below expectations, and between the U.S. government and Congress to increase the federal debt limit for the deadlock continues, led to a demand for energy worried about the prospects.
Day, the New York Mercantile Exchange (NYMEX) 9, light sweet crude for January delivery fell $ 1.74, to close at $ 95.70 a barrel, down 1.8 percent, the highest-month contract two weeks the lowest closing price, intraday $ 94.95 per barrel was the lowest hit. In this week's trading in New York crude oil futures prices fell 4.2%, but rose 28 cents this month, is the first time since April monthly rise.
London's ICE Futures Europe in September delivery Brent crude fell 62 cents to close at $ 116.74 a barrel, down 0.5%. By the closing price of Brent crude oil futures in New York light crude oil futures price and the difference between the price of $ 21.04 per barrel, the difference in the July 14 hit a record high of $ 22.63 per barrel level. In this week's trading, Brent crude futures fell 1.6 percent, up 3.8% this month.
U.S. Department of Commerce, said the GDP report released today, the second-quarter U.S. GDP expanded at an annualized growth rate of the initial value of 1.3%, lower than a Bloomberg News survey of economists on average expected 1.9%. At the same time, the Commerce Department will for the first quarter of annualized GDP growth rate revised downward from 1.9% to 0.4%.
In other Nymex energy trading, the August delivery RBOB gasoline futures fell less than 1 cent to close at $ 3.11 per gallon (about $ 0.82 per liter), down 0.6 percent this week, this month rose 4.7%; August delivery of heating oil futures fell 1 cent to close at $ 3.10 per gallon (about $ 0.82 per liter), down 1 percent this week, this month, up 5%; September delivery Natural gas futures fell 10 cents, per million British thermal units, $ 4.15, or 2.3%, down 5.7 percent this week, down 5% this month. (Pregnant Dream)