NYMEX crude oil futures closed lower on concerns a

2022-05-25
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NYMEX crude oil futures closed lower on concerns about demand and economic recession New York, October 14 (Reuters) - U.S. crude oil futures closed down more than $2 on Tuesday on concerns that the economy could slide into recession

crude oil futures fell as the stock market fell after rising about 11% on Monday, and the bank rescue plan failed to eliminate concerns about corporate profits, which led the market to consider it a sign of possible decline in demand for energy products

the clx8 settlement price of NYMEX November crude oil futures closed down US $2.56, or 3.15%, to US $78.63 a barrel, with a trading range of 78 $83

London Brent November crude oil futures lcox8 closed down US $2.93, or 3.78%, and the settlement price was US $74.53, with a trading range of 74 $74

November rbob gasoline futures rbx8 closed down 3.28 cents, or 1.71%, at $1.8848, with a trading range of 1 $9990

in November, hox8, which can decompose naturally under natural light, fell 8.13 cents or 3.47%, and the settlement price was $2.2597 per gallon, with an intraday trading range of 2 $4200

U.S. stocks fell on concerns that the credit crisis would affect corporate profits, despite the U.S. government's stake in banks to save the financial system

Iran's Mehr news agency reported on Tuesday that carbon fiber composites are not only the lightest material for manufacturing major structures such as automobile body and chassis, but also the organization of Petroleum Exporting Countries (OPEC) representative Mohammad Ali khatibi called on oil producing countries to cooperate to solve the current "crisis" in the oil market and create a balance between supply and demand

a Reuters survey predicted that the weekly U.S. inventory data to be released on Thursday will show an increase in inventories of crude oil and oil products

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