New York crude oil futures prices fell Wednesday, closing below $90 a barrel, the reason is the investor to Greece may exit from the euro problems concerned, and market expectations of countries all over the world and Iran between the latter nuclear negotiations may produce positive results.

On the same day, the New York Mercantile Exchange ( NYMEX ) in June delivery of light crude oil futures prices fell 1.95U.S. dollars, to close at89.90 U.S. dollars a barrel, down 2.1%. According to the financial information provider FactSet Research statistical data shows, this is New York crude oil, the main futures contract for the first time since October to close below $90 a barrel.

The United States last week, crude oil inventories than expected volume hit a new high of 22 years

The United States government issued business weekly Energy Inventory ( not including the strategic reserve ) report showed last week, crude oil inventories increased 900000barrels of chain, incremental exceeded market expectations, gross record high of 22 years. After this one message is announced, the New York market oil price appeared in diving, but struggled to hold the90 U.S. dollars / barrel mark.

The United States Department of energy 's Energy Information Administration ( EIA ) announced that, in the week ending May 18th, crude oil inventories were increased to 382500000 barrels, quarter-on-quarter growth of 0.2% over the same period, the total storage up to 3.1%. According to Platts ( Platts ) survey, analysts on average expected last week in oil stocks will add 750000bucket chain.

Last week, gasoline inventories dipping 3300000barrels, the ring fell to1.6%, total to 201000000barrels, more than the same period last year increased 4.2%. Gasoline inventory reduction of the ring significantly more than the average market expectations of200000 barrels of. In the May 18th4 weeks, gasoline demand in the United States over the same period last year dropped1.9%, to approximately8800000 barrels. Last week the United States petroleum refining industry capacity utilization was 88.1%, compared to the previous week by 0.2 of a percentage point, above the average analyst anticipated 87.5%.

In the week ending May 18th, including diesel and heating oil, distillate stocks fell 300000barrels to 119500000 barrels. Distillate inventory analysts expected for a350000 reduction over central barrel. ( Qi Liu )