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Crude oil futures closed in New York rose 5.3 percent $ 84.45 a barrel
Source:China Fertilizer Network   Time:2011-09-28   Read:883second  

SAN FRANCISCO, Sept. 28 morning news, New York crude oil futures prices surged 5.3 percent from Tuesday's close, because there are reports that EU officials are developing a plan to increase the size of the euro zone to control the Fund's sovereign debt crisis, thus promoting the global equity market prices.
 Day, the New York Mercantile Exchange (NYMEX) 11 Light, sweet crude for January delivery rose $ 4.21 to close at $ 84.45 a barrel, or 5.3 percent, nearly a week hit its highest close since, or 5 is the highest since September the highest level since, after earlier hit a high $ 84.77 a barrel. Since late June, New York crude oil futures prices fell 11 percent, the highest since 2008, the highest quarterly decline. New York oil prices this month fell 4.9 percent, down 7.6 percent so far this year.
 London's ICE Futures Europe in November delivery of North Sea Brent crude futures rose $ 3.20, to close at $ 107.14 a barrel, or 3.1 percent, down 4.7% this quarter. Based on closing price of Brent crude oil futures in New York light crude oil futures price and the difference between the price of $ 22.69 per barrel, the difference in the Sept. 6 hit a record high of $ 26.87 per barrel level.
 American Petroleum Institute (API) will be announced later on Tuesday its weekly crude inventory report, analysts expect the report will show that as the week to September 23, crude oil stocks remained unchanged.
 In other Nymex energy trading, 10 RBOB gasoline futures for May delivery rose 13 cents to close at $ 2.70 per gallon (about $ 0.71 per liter), or 4.9%; October delivery of heating oil futures rose 9 cents to close at $ 2.88 per gallon (about $ 0.76 per liter), or 3.1%; October natural gas futures rose 4 cents, per million British thermal units $ 3.83, or 1.2%. (Civil and military)

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