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Decline in oil prices in electronic trading on the NYMEX 29/11/2011 09:53

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JJONESMX


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Erbil, November 29 (Rn) - Declining oil futures U.S. crude early trading in Asia on Tuesday after it was amended Fitch forecast credit rating of the United States from stable to negative and have been price pressure due to expectations of increased U.S. crude stocks. According to ( Reuters) news agency.

By the time 0101 GMT, the price of U.S. light crude oil for December delivery of $ 97.57 a barrel, down 64 cents.

And Brent Crude Oil Brent 60 cents to 108.40 dollars a barrel.

The opinion poll conducted by Reuters, analysts expect the weekly report to the U.S. Energy Information Administration will increase crude oil inventories in the United States one million barrels in the week that ended on 25 November.

Peace Baghdadi


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mercedes99


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Thank you.

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