|
|
Article: Crude oil prices fall in New York
- Article from:
- Xinhua News Agency
- Article date:
- September 15, 2004
CopyrightCopyright 2004 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
|
Crude oil prices fall in New York
NEW YORK, Sept. 15 (Xinhua) -- Crude oil prices fell Wednesday in
New York as traders expected Hurricane Ivan might not cause oil
industry any lasting infrastructure damage.
On the New York Mercantile Exchange, crude oil futures for October
delivery dropped 81 cents to close at 43.58 dollars a barrel. On
London's International Petroleum Exchange, however, the October Brent
crude-oil futures contract climbed 12 cents to settle at 41.85
dollars a barrel.
On Wednesday, the expectation of only short-term damage within the
petroleum sector helped push oil prices lower, even as Ivan roared
toward the Gulf of Coast with 135 mph winds and after the government ...