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Oil falls about 4% due to the erosion of gasoline and Chinese data, Iran
e 10.20.2015
Crude oil fell nearly four percent after tumbling gasoline futures, which imposed new pressure on the declining market due to slower growth in China and signs of Iranian oil return to the market soon after the application of the nuclear agreement.
Traders said the dollar's rise and the weak performance of the US equity markets also generally Nala from the oil market.
Donovan House Realtor I have to Koideta Energy said in New York "product markets receive strikes apparently because of fears that the maintenance of the refineries season has reached its peak, which means an increase of stocks from now on."
And it indicates the average expectations of analysts polled by Reuters to rising US crude inventories 3.7 million barrels last week in the weekly increase will be the fourth consecutive year.
And determine the settlement price for the contract closest to maturity of Brent crude down to $ 1.85, equivalent to 3.7 percent at $ 48.61 a barrel.
And close the contract closest maturity US crude down $ 1.37 or three percent to $ 45.89 in relatively thin trading ahead of November for the November contract on Tuesday solutions.
Hui gasoline and five percent on fears of acceleration run rates US refiners with the decline of the maintenance work. And went down the price of low-sulfur diesel about three Palmih.anthy 29/4 e
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e 10.20.2015
Crude oil fell nearly four percent after tumbling gasoline futures, which imposed new pressure on the declining market due to slower growth in China and signs of Iranian oil return to the market soon after the application of the nuclear agreement.
Traders said the dollar's rise and the weak performance of the US equity markets also generally Nala from the oil market.
Donovan House Realtor I have to Koideta Energy said in New York "product markets receive strikes apparently because of fears that the maintenance of the refineries season has reached its peak, which means an increase of stocks from now on."
And it indicates the average expectations of analysts polled by Reuters to rising US crude inventories 3.7 million barrels last week in the weekly increase will be the fourth consecutive year.
And determine the settlement price for the contract closest to maturity of Brent crude down to $ 1.85, equivalent to 3.7 percent at $ 48.61 a barrel.
And close the contract closest maturity US crude down $ 1.37 or three percent to $ 45.89 in relatively thin trading ahead of November for the November contract on Tuesday solutions.
Hui gasoline and five percent on fears of acceleration run rates US refiners with the decline of the maintenance work. And went down the price of low-sulfur diesel about three Palmih.anthy 29/4 e
[You must be registered and logged in to see this link.]
