Worried about falling demand, New York crude oil futures closed lower on the 18th
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Last Update: 2020-07-03
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Source: Internet
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Author: User
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continued to be affected by concerns about demand, the Commercial Futures Exchange (NYMEX) crude oil futures closed lower for the fourth consecutive session on the 18thAugust crude futures settled down 41 cents, or 0.32 percent, at $128.88 a barrel, with an intraday range of $128.23 to $132.04oil prices rose for most of the 18th trading session, but before the expiration of the 22nd August contract round of selling in the end of the emergence of low oil pricesfour days, August crude fell $16.30, or 11.23 percent, from $145.18 at the 14-day settlementThat's down $19.04, or 12.93 percent, from a record high of $147.27 a week agoBrent crude for Septemberfell 88 cents, or 0.67 percent, to $130.19 a barrel in London, with an intraday range of $129.92 to $133.69U.Sdemand for crude oil and crude oil products fell 1.4 percent in June from a year earlier, thePetroleum Institute (API) said Wednesday, as fuel oil prices rose to record highs and the economy weakened, causing demand for crude oil to fall in the first half of 2008 by the most in 17 yearsEuropean Union foreign policy chief Javier Solana and Iran's nuclear chief negotiator Saeed Jalili will meet in Geneva on the 19th to find out how The international community's trade, technology and other incentives for Iran's moratorium on nuclear enrichment will beAugust RBOB gasoline futures rose 0.76 cents, or 0.24 percent, to $3.1709 a gallon, after trading at $3.1501 to $3.2385August heating oil futures fell 5.23 cents, or 1.4 percent, to $3.6915 a gallon, with an intraday range of $3.36885 to $3.8028continued to be affected by concerns about demand, the Commercial Futures Exchange (NYMEX) crude oil futures closed lower for the fourth consecutive session on the 18thAugust crude futures settled down 41 cents, or 0.32 percent, at $128.88 a barrel, with an intraday range of $128.23 to $132.04oil prices rose for most of the 18th trading session, but before the expiration of the 22nd August contract round of selling in the end of the emergence of low oil pricesfour days, August crude fell $16.30, or 11.23 percent, from $145.18 at the 14-day settlement That's down $19.04, or 12.93 percent, from a record high of $147.27 a week ago Brent crude for September fell 88 cents, or 0.67 percent, to $130.19 a barrel in London, with an intraday range of $129.92 to $133.69 U.S demand for crude oil and crude oil products fell 1.4 percent in June from a year earlier, the Petroleum Institute (API) said Wednesday, as fuel oil prices rose to record highs and the economy weakened, causing demand for crude oil to fall in the first half of 2008 by the most in 17 years European Union foreign policy chief Javier Solana and Iran's nuclear chief negotiator Saeed Jalili will meet in Geneva on the 19th to find out how The international community's trade, technology and other incentives for Iran's moratorium on nuclear enrichment will be August RBOB gasoline futures rose 0.76 cents, or 0.24 percent, to $3.1709 a gallon, after trading at $3.1501 to $3.2385 August heating oil futures fell 5.23 cents, or 1.4 percent, to $3.6915 a gallon, with an intraday range of $3.36885 to $3.8028 (name)
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