U.S. oil contracts for NYMEX rise at closing
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U.S. oil contracts for NYMEX rise at closing

New York City : NY : USA | May 27, 2012 at 12:53 PM PDT
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Nymex Crude Oil 53 dollar

Futures prices of crude oil the U.S. on Friday as the uncertainty about the talks between Iran and world powers still raises fears of a disruption to oil supplies and increase data showed U.S. consumer confidence. Reuters reported Predictors and the economic problems of Europe weak prospects for oil demand, which limited the market's gains. In the movement of a weak deal before the holiday weekend and a three-day holiday festival interspersed anniversary jumped the price of U.S. light crude for July delivery $ 0.20 to 90.86 dollars a barrel at the settlement in the New York Mercantile Exchange closed.

Over the past week, U.S. crude stamp closest maturity contracts in trading down 62 cents, or 0.68 percent, recording a decline for the fourth week in a row. During that period fell 14.07, or $ 13.4 percent. In London, jumped the price of Brent crude for July delivery $ 0.28, or 0.26 per cent to 106.83 dollars per barrel at the settlement.

Over the past week Brent crude stamp closest maturity contracts in trading down 31 cents, or 0.29 percent, recording a decline for the fourth week in a row. During that period, fell $ 13.00, or 10.85 percent. After falling earlier to 89.81 dollars, had risen to 91.52 during trading dollars.

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London's Brent North Sea crude for June added 12 cents to 86.95 dollars per barrel
London's Brent North Sea crude for June added 12 cents to 86.95 dollars per barrel
Reporter989 is based in Cairo, Kairo, Egypt, and is a Reporter on Allvoices.
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