NYMEX crude futures fell below $114 in Asian electronics on the 12th

affected by the strength of the u.Sdollar and demand concerns, NYMEX crude oil futures fell below $114 a barrel in Asian electronic stakes on Tuesday, August 12( New York Mercantile Exchange (NYMEX) crude oil futures fell in Electronic trading in Asia on Tuesday, as a strong dollar offset concerns that armed conflict sondains in Russia and Georgia could disrupt oil suppliesOil prices were also weighed down by concerns about slowing global demand as crude oil imports unexpectedly fell in July, the world's second-largest consumer12:20 Bst, NYMEX September crude futures fell 63 cents to $113.82 a barrelThe contract fell 75 cents, or 0.7 percent, to $114.45 a barrelIntercontinental Exchange (ICE) September Brent crude futures fell 78 cents to $111.89 a barrel"Despite the possible threat to oil supplies from the conflict between Russia and Georgia, oil prices have fallen slightly again, and the weakness of the dollar has weighed on them,"analysts saidTherose to a six-month high against the euro on the back of concerns about the global economy that weighed on major currencies other than the dollar, China reported a surprise 7 per cent drop in crude oil imports in July, raising concerns about global oil demand"I think it's a short-term issue, and from a market point of view, what will happen after the Olympics will be more attractive, " saidanalystsas the dollar rose, traders largely ignored the effects of the armed conflict between Russia and Georgia, which could disrupt the chain of major oil transport in oil-producing countries such as Azerbaijan and Kazakhstanmedia reports say fighting in Georgia's two breakaway provinces has spread to other parts of the countryGeorgia is the route through the Baku-Tbilisi-Ceyhan pipeline, which carries an average of 850,000 barrels of crude oil per day from the Caspian Sea to the Mediterranean SeaThe Turkish section of the pipeline was closed for fire last week and is not expected to resume operations for two weeksweekend of fighting largely avoided the pipeline, and markets predicted a Russian attack on Georgia's oil infrastructure was unlikelyaffected by the strength of the U.Sdollar and demand concerns, NYMEX crude oil futures fell below $114 per barrel in Asian electronic stakes on Tuesday, August 12( New York Mercantile Exchange (NYMEX) crude oil futures fell in Electronic trading in Asia on Tuesday, as a strong dollar offset concerns that armed conflict sondains in Russia and Georgia could disrupt oil suppliesOil prices were also weighed down by concerns about slowing global demand as crude oil imports unexpectedly fell in July, the world's second-largest consumer12:20 Bst, NYMEX September crude futures fell 63 cents to $113.82 a barrelThe contract fell 75 cents, or 0.7 percent, to $114.45 a barrelIntercontinental Exchange (ICE) September Brent crude futures fell 78 cents to $111.89 a barrel"Despite the possible threat to oil supplies from the conflict between Russia and Georgia, oil prices have fallen slightly again, and the weakness of the dollar has weighed on them,"analysts saidTherose to a six-month high against the euro on the back of concerns about the global economy that weighed on major currencies other than the dollar, China reported a surprise 7 per cent drop in crude oil imports in July, raising concerns about global oil demand"I think it's a short-term issue, and from a market point of view, what will happen after the Olympics will be more attractive, " saidanalysts as the dollar rose, traders largely ignored the effects of the armed conflict between Russia and Georgia, which could disrupt the chain of major oil transport in oil-producing countries such as Azerbaijan and Kazakhstan media reports say fighting in Georgia's two breakaway provinces has spread to other parts of the country Georgia is the route through the Baku-Tbilisi-Ceyhan pipeline, which carries an average of 850,000 barrels of crude oil per day from the Caspian Sea to the Mediterranean Sea The Turkish section of the pipeline was closed for fire last week and is not expected to resume operations for two weeks weekend of fighting largely avoided the pipeline, and markets predicted a Russian attack on Georgia's oil infrastructure was unlikely (name)