Texas crude low the 0.76% and closed at the 96.92 dollars per barrel
posted on: Nov 22 2011 7:40 by RDugey. Viewed 25 times.Of Texas crude oil dropped yesterday the 0.76% and closed at the 96.92 dollars per barrel in a day marked by concern that awaken the debt crisis in the euro area and the lack of agreement of the bipartisan "supercomité" in United States to reduce the deficit of the country.
At the end of the first session of the week at the Mercantile Exchange in New York (Nymex), futures contracts of the intermediate Texas oil (WTI) for delivery in January, which now are taken as reference, 75 cents to the price of closing on Friday sapped.
The so-called "black gold" was that drop to renewed fears over the crisis in the euro area once the measurement of risk Moody's Agency warned of the possible reduction of the prospect of France rating if persist the high costs of financing of your debt.
On the other hand, in Spain the profitability of their ten-year bonds stood at 6.55%, above the 6,38 u000aper cent last Friday, which means the first day after the overwhelming victory of the conservative Partido Popular (PP) in the elections on Sunday.
Also influenced the depreciation of the oil from Texas the predictable failure of the negotiations of the "supercomité" of Republicans and Democrats to reduce the deficit of the United States.UU. 1.2 trillion dollars before the Wednesday
These factors were more able in the course of the day that the increase of 1.4% of the sale of houses used in this country in October, while the inventory of homes for sale fell 2.2%.
Gasoline maturing in December contracts totaled 1 penny and ended up in 2.48 dollars per gallon (3.78 liters), while those of diesel fuel for heating with delivery this month reduced 4 cents and were $ 2.99 for gallon
For its part, contracts for natural gas for delivery in December totaled 8 cents and ended the session u000aat 3.39 dollars per each thousand cubic feet.

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