17 NYMEX crude oil futures Asian electronic market slightly lower

after hitting an overnight record high of $139.89 a barrel, NYMEX crude futures edged lower in Asian electronics on friday, while Saudi production guarantees were uncertain, June 17( China, China, China, China, China, China, China, China, China, China, China, China, china, china, where the New York Mercantile Exchange (NYMEX) crude oil futures fell from all-time highs in electronic trading on the 17th amid uncertainty over Saudi Arabia's commitment to increase productionAt 12:32 bst, NYMEX July crude futures were down 24 cents at $134.37 a barrelThe contract fell 25 cents, or 0.19 per cent, to $134.61 a barrel, after trading in an intraday range of $133.46 to $139.89, which was above the previous record high of $139.12 set on June 6NyMEX crude futures rose above a record $140 in August and after 2008Intercontinental Exchange (ICE) August Brent crude futures fell 31 cents to $134.4 a barrelThe contract fell 40 cents, or 0.3 percent, to $134.71 a barrel, with a record range of $132.28 to $139.32the annual summit of Saudi oil producers and consumers held in Jeddah, Saudi Arabia, on the 22nd, the market is expected to spreadBan Ki-moon, the, said on Friday that Saudi Oil Minister Ali al-Nuaimi had told him that the kingdom, which accounts for a quarter of the world's oil reserves, would increase production by 200,000 barrels a day in July, but Ban also quoted MrNaimi as saying he believed oil consumers should also do their part to stabilize prices by cutting domestic taxes and cracking down on speculatorsopec's biggest oil producer is now producing 9.45 million barrels a day, following a 300,000-barrel-a-day increase announced in Mayreports of saudi production come amid growing global pressure on OPEC, which accounts for about 40 percent of global oil production, to increase productionAfter hitting an overnight record high of $139.89 per barrel, NYMEX crude futures edged lower in Asian electronics on the 17th, while the Saudi production guarantee is uncertain, June 17( China, China, China, China, China, China, China, China, China, China, China, China, china, china, where the New York Mercantile Exchange (NYMEX) crude oil futures fell from all-time highs in electronic trading on the 17th amid uncertainty over Saudi Arabia's commitment to increase production At 12:32 bst , NYMEX July crude futures were down 24 cents at $134.37 a barrel The contract fell 25 cents, or 0.19 per cent, to $134.61 a barrel, after trading in an intraday range of $133.46 to $139.89, which was above the previous record high of $139.12 set on June 6 　　NyMEX crude futures rose above a record $140 in August and after 2008 Intercontinental Exchange (ICE) August Brent crude futures fell 31 cents to $134.4 a barrel The contract fell 40 cents, or 0.3 percent, to $134.71 a barrel, with a record range of $132.28 to $139.32 the annual summit of Saudi oil producers and consumers held in Jeddah, Saudi Arabia, on the 22nd, the market is expected to spread Ban Ki-moon, the , said on Friday that Saudi Oil Minister Ali al-Nuaimi had told him that the kingdom, which accounts for a quarter of the world's oil reserves, would increase production by 200,000 barrels a day in July , but Ban also quoted Mr Naimi as saying he believed oil consumers should also do their part to stabilize prices by cutting domestic taxes and cracking down on speculators opec's biggest oil producer is now producing 9.45 million barrels a day, following a 300,000-barrel-a-day increase announced in May reports of saudi production come amid growing global pressure on OPEC, which accounts for about 40 percent of global oil production, to increase production (name)