129836519650156250_383Oil prices fell slightly in New York 0.24% Brent oil prices back below 100
Due to market to the United States Federal Reserve to take additional monetary stimulus expectations weaken, 7th international oil prices fell again, Brent oil prices back below $ 100. Fed Chairman Ben Bernanke on the day in the United States Congress United States economy during testimony and no more monetary stimulus to a specific hint, which originally had high expectations of investors disappointed, Trigger a fall in the oil price. Ben Bernanke told Congress on that day, the Federal Reserve is monitoring closely the European debt crisis and Bank of United States economic recovery brought about by "significant risk". He also said: "Although the European economy is in trouble, but the United States were still doing well. "For the general interest and high expectations in the market's third round of quantitative easing monetary policy, Bernanke did not give too muchNumber.
But early in the day, oil prices once chonggao, mainly due to the accident rate cut in China and Spain strong demand for government bonds. The same day, announced that China's Central Bank cut interest rates by 25 basis points, the market thinks that this will help to stimulate economic growth in China, therefore oil prices constitute a positive. In Europe, Spain auction debt, strong demand shows investors still on WestConfidence in the financial situation.
It is facing a banking crisis that Spain is certainly good news, some markets on Spain worries, supported on oil prices. In terms of economic data, United States Department of labor says United States 1 reduction in the number of first-time applications for unemployment benefits last week. 20,000 people, to 37. 70,000 people, was slightly better than market expectations. This is the data from year 4Reduced for the first time since the month, oil prices also constitute good. In addition, the market continues to pay close attention to Iran nuclear negotiations. Iran scheduled to take place on 18th and 19th of this month and the Six Nations third round of nuclear talks, but Iran warned is likely to postpone the negotiation time. Furthermore, EU Iran oil export ban will come into effect on July 1, when global oil supply will decrease,Also supporting oil prices. To close that day, NYMEX Light crude oil futures for July delivery edged down 20 cents to close at 84 per barrel. 82 dollars, or 0.24%. Prices of North Sea Brent crude oil futures for July delivery fell 71 cents to close at 99 a barrel.
93 dollars
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