Oil ends lower in New York: $93,53 per barrel

Oil prices ended lower Friday, still under pressure from the crisis in Europe, where the Fitch rating agency declined to negative the perspective of the note of the long-term debt of France, currently at "AAA".

Barrel of West Texas Intermediate (designation of the "light sweet crude" negotiated in the United States) for delivery in January gave 34 cents on the New York Mercantile Exchange, to 93,53 $.

"The market remains under pressure from Europe, in particular with the revision downward from the perspective of the French note", he summed up Andy Lipow, company Lipow Oil Associates.

The last coup of reprimand stated this Friday in the form of the decline in "stable" to "negative", with which the Fitch Agency described the prospect of the note of debt long term France, currently a "AAA", the possible. best

"Markets understand that there will be still more austerity in Europe, what is going to" u000a"translate into a decline in demand", explained Lipow.

"Although statistics are better than expected, the general feeling is that the zone euro shrinks and the growth of United States remains lukewarm," noted analysts JPMorgan.

Among other indicators, United States recorded in the course of the week a new setback for the inscriptions of unemployment, which fell to its lowest level in almost three years and half.

For Tom Bentz of BNP Paribas, these statistics published Thursday has no more benefit market because he "knew that the situation would improve in United States".

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