Monday October 6, 08:02 PM
U.S. CRUDE FUTURES SETTLE AT $87.81/BBL, DOWN $6.07, 6.47 PERCENT
NEW YORK NEW YORK, Oct 6 (Reuters) - U.S. CRUDE FUTURES SETTLE AT $87.81/BBL, DOWN $6.07, 6.47 PERCENT U.S. crude oil futures fell more than $6 on Monday as U.S. and global equities were battered and the financial turmoil spreading to Europe fueled more concern about slowing global oil demand.
On the New York Mercantile Exchange at 2:31 p.m. EDT (1631 GMT), November (Frankfurt: A0S9N7 - news) crude was down $5.80, or 6.1 percent, at $88.08 a barrel, trading between $87.56 and $92.68. That intraday low was the lowest since $86.24 struck on Feb. 7.
(Reporting by Robert Gibbons) Keywords: ENERGY NYMEX/CRUDE
Chuck Mikolajczak
cm
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
NNNN
|
|
|
Send Article by Email
Send Article by IM
Blog This with Y! 360
Printable View
