NEW YORK (Dow Jones)--Crude futures fell sharply Friday after a massive earthquake in Japan, the world's third-largest oil consumer, though traders kept watch for any news of spreading unrest in the Middle East and North Africa.
Light, sweet crude for April delivery recently traded $2.92, or 2.8%, lower at $99.78 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded $2.40 lower at $113.03 a barrel.
Oil prices weakened as markets assessed the damage to Japan's refinery capacity and the impact on overall crude demand, as aftershocks from an 8.9-magnitude earthquake
Light, sweet crude for April delivery recently traded $2.92, or 2.8%, lower at $99.78 a barrel on the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded $2.40 lower at $113.03 a barrel.
Oil prices weakened as markets assessed the damage to Japan's refinery capacity and the impact on overall crude demand, as aftershocks from an 8.9-magnitude earthquake
Aucun commentaire:
Enregistrer un commentaire