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Home News Oil & Gas Oil prices fall in Asia
Oil prices fall in Asia PDF Print E-mail
Friday, 21 January 2011 00:00
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Oil prices fall in Asia
Harga Minyak di Asia Turun
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JAKARTA. Crude oil prices in Asian trade today, Friday (01/21/2011) fell three cents to the position of U.S. $ 89.56 per barrel. This was triggered by rising U.S. crude inventories. The figures released by the Department of Energy (DoE), the United States on Thursday showed a surprise increase in crude oil reserves where the impact on market sentiment.

"This is the impact of an inventory report that showed rising U.S. crude inventories are quite large, especially in the Gulf Coast region," said John Kilduff of Capital Again quoted from finance.yahoo.com.
New York's main contract, light sweet crude for March delivery fell three cents to the position of U.S. $ 89.56 per barrel. Meanwhile, Brent North Sea crude oil for March delivery was also down 15 cents to U.S. $ 96.43 per barrel.

U.S. crude oil stockpiles rose 2.62 million barrels to 335.7 million barrels as of January 14. For gasoline and distillate stocks rose lebh than expected at 4.4 and 1 million barrels. As for sweet crude for months Marel down 2.2% to U.S. $ 88.86 a barrel air. (esdm)





 
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