Because data of a series of benefit empty economy make investor right foreground of crude oil demand more look weak, international oil price continues 2 days to drop considerably.
That day, the price of futures of light qualitative crude that the Comex delivered the goods November drops 4.56 dollars, close at every pails of 93.97 dollars. The North sea that bourse of London international oil delivered the goods November Bulunte price of crude oil futures drops 4.77 dollars, close at every pails of 90.56 dollars.
The main reason that brings about oil price to continued to issue defeat considerably that day remains the concern that causes fuel slow down in demand to economic depression. Although the United States is senatorial,the banking that passed bush-administration to put forward at 1 day of evening comes to help plan, but American Department of Commerce announces American plant order decreased August 2 days morning 4% , fall achieve two years to come new tall, and the data that Ministry of Labour publishs shows the United States applies for unemployment benefit number to rise first last week to 497 thousand person, come for 7 years top level, these data hit investor to be opposite the confidence of American economic situation.
In addition, because growth of euro region economy is lack of power and orgnaization of many banks, finance suffers American banking crisis to pound get into trouble, euro near future goes soft continuously, the dollar rises strong to euro exchange rate, also drove the price of crude oil futures with dollar valuation to go low.
2 days, price of futures of gasoline of button business place every gallon drops 10.5 cent, close at 2.255 dollars. Warm oneself oily futures price every gallon drops 13.74 cent, close at 2.7095 dollars. Price of natural gas futures every 1000 cubic metre foot drop 24.7 cent, close at 7.481 dollars.
-- news source: International oil net