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U.S. oil falls to $ 1.5 a barrel in Asian trading
24/11/2011
SINGAPORE (Reuters)
Landed price of oil futures to U.S. dollars and a half dollar a barrel in Asian trade on Wednesday after data showing a slowdown triggered economic growth in the United States fears of declining demand in the largest oil consumer in the world.
The data showed that the U.S. economy grew slower than expected in the third quarter of the year, while registered factories in China, the weakest performance in 23 months. The price of U.S. light sweet crude contract for January delivery $ 1.41 to 96.60 dollars a barrel. And falling crude Brent 97 cents to 108.05 dollars a barrel.
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24/11/2011
SINGAPORE (Reuters)
Landed price of oil futures to U.S. dollars and a half dollar a barrel in Asian trade on Wednesday after data showing a slowdown triggered economic growth in the United States fears of declining demand in the largest oil consumer in the world.
The data showed that the U.S. economy grew slower than expected in the third quarter of the year, while registered factories in China, the weakest performance in 23 months. The price of U.S. light sweet crude contract for January delivery $ 1.41 to 96.60 dollars a barrel. And falling crude Brent 97 cents to 108.05 dollars a barrel.
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