|
BIZCHINA> Global Markets
![]() |
|
Related
Crude prices decline on strong dollar
(Xinhua)
Updated: 2008-08-13 15:30 Crude prices fell Tuesday on strong US dollar and a government report showed decline in US crude demand. The dollar rose to a 5-month high against the euro in the morning. Commodities, which were used to hedge weak dollar, fell sharply as investors withdrew money from markets. The Energy Information Administration (IEA) reported Tuesday that US oil demand during the first half of 2008 fell by an average 800,000 barrels per day compared to the same period a year ago. It's the biggest volume decline since 1982. The EIA also lowered its forecast for global oil demand growth by 80,000 barrels per day in 2008. Light, sweet crude for September settled down $1.44 at $113.01 a barrel, after falling to $112.31 earlier. London Brent crude fell $1.52 to settle at $111.15 a barrel. (For more biz stories, please visit Industries)
|
南康市| 黎平县| 临朐县| 温州市| 冀州市| 聂荣县| 黎川县| 三河市| 武隆县| 洞头县| 新和县| 滕州市| 库尔勒市| 井研县| 南阳市| 时尚| 新丰县| 黄骅市| 株洲县| 和静县| 武夷山市| 静宁县| 永定县| 潞西市| 明水县| 浏阳市| 合水县| 阿拉善右旗| 高尔夫| 来安县| 屯昌县| 马公市| 青浦区| 正阳县| 广安市| 凤山市| 长子县| 莲花县| 钟祥市| 五指山市| 聂拉木县|