Tuesday, December 27, 2011

Crude oil trades back and because of the weak end of the year and fears of disruption of Iranian oil

Crude oil trades back and because of the weak end of the year and fears of disruption of Iranian oil

Fell futures contracts for crude oil, where volumes were low at the end of the day Tuesday amid concerns about global economic prospects unconfirmed, while prices remain supported because of the possible disruption of oil supplies in Iran. In the New York Mercantile Exchange was trading oil light sweet crude for delivery in February at 99.50 dollars a barrel during European morning trade, down by 0.36

Forex

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