Dragged down by the economic-related concerns, NYMEX crude oil futures ended slightly lower 6, but the London Brent crude oil futures prices to rise.
Integrated media reported on September 6, the clouds by the European debt crisis and global economic recession risks affecting the New York Mercantile Exchange (NYMEX) crude oil futures ended slightly lower 6, the Gulf of Mexico's new weather system that decreases greatly narrowed; but London three consecutive trading days ending oil price decline, to rise.
NYMEX 10 月 Light, sweet crude settled down 43 cents, to $ 86.02 a barrel, down 0.5%; The contract hit an intraday low of $ 83.20 a barrel, but then recovered some lost ground, by the stock market from intraday low drive.
By the debt crisis in Europe, European stock markets plunged on 5 and 6, the bank stocks have been hit. Affected by the New York stock market fell 6, New York, oil prices fell.
Meanwhile, the global economic situation is not optimistic the U.S. economy in the first half growth rate of only 0.7% in August, the latest zero new jobs, recession risks increased sharply. In Europe, economists expect the top six economies in the euro zone economic growth in the third quarter will be extremely weak, and increased risk of recession. The emerging economies also face high inflation, economic slowdown and other issues, global oil demand outlook is not optimistic.
In addition, a stronger dollar is also causing pressure on oil prices. SNB (Swiss National Bank) 6 earlier in the day that will set the lower limit of the euro against the Swiss franc at 1.20 Swiss francs. Close to the Swiss central bank is prepared to buy an unlimited number of foreign currency in order to implement this rate limit. After the announcement of the decision, the dollar rose against the Swiss franc and the euro, the euro against the dollar below the 1.4 mark 6.
U.S. National Hurricane Center said the new weather system has 30% chance to generate a tropical cyclone in the next few days. Hurricane Center also reported that the south west of the Cape Verde Islands, 725 miles southwest of the sea to the formation of a low pressure system has a 90% chance the next 48 hours develop into tropical cyclones.
However, London's Brent crude oil futures prices ended a three-day losing streak, market, turn up, Yinbulunte an important source of supply Libya's crude oil production of crude oil still faces many variables, tight supply and demand. ICE 10 Brent crude oil futures settled up $ 2.81 to $ 112.89 an ounce, or 2.6%.
6 week later, the market may be from the United States President Barack Obama (Barack Obama) and the U.S. Federal Reserve Board (Federal Reserve referred to as Fed) Chairman Ben Bernanke (Ben Bernanke) of their speech on the economy for more clues .