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New York crude oil futures closed up 1.1 percent to $ 87.58 a barrel
Time:2011-08-18   Read:823second  

Beijing time on August 18 morning news, New York crude oil futures prices closed higher on Wednesday, mainly due to the U.S. dollar against the euro and other currencies fall, thereby increasing the crude oil futures more attractive to investors.
Day, the New York Mercantile Exchange (NYMEX) 9 Light, sweet crude for January delivery rose 93 cents to close at $ 87.58 a barrel, or 1.1%. Compared to last year, New York crude oil futures prices rose 16%. London's ICE Futures Europe October delivery price of Brent North Sea crude rose $ 1.58 to close at $ 110.71 a barrel.
Latest dollar against the euro fell 0.3 percent to $ 1.4449 per euro, Intercontinental Exchange (ICE) of the latest U.S. dollar index fell 0.4%.
U.S. Department of Energy's Energy Information Administration (EIA) said in a report today, as of August 12 the week to 420 million barrels of crude oil inventories increased. Market research firm Platts survey, analysts on average expected the week to reduce the 50 million barrels of crude oil inventory. The report also shows that as the week to August 12, gasoline inventories fell 3.5 million barrels, is expected to decrease by 2.3 million barrels analysts; distillates (including diesel and heating oil) increased 2.4 million barrels analysts expected to increase 700 000 barrel. Energy Information Administration is scheduled for release tomorrow of the Natural Gas Storage Report.
In other Nymex energy trading, September RBOB gasoline futures for May delivery rose 2 cents to close at $ 2.87 per gallon (about $ 0.76 per liter), or 0.6%; September delivery of heating oil futures rose 3 cents to close at $ 2.96 per gallon (about $ 0.78 per liter), or 0.1%; September natural gas futures prices were flat per million British thermal units $ 3.93. (Civil and military)

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