Oil rose from the lowest level in almost four months in New York on speculation that demand will soon rebound after Atlantic superstorm Sandy made landfall on the U.S. East Coast.
Futures climbed as much as 0.8 percent after the storm came ashore in southern New Jersey at 8 p.m. local time yesterday and drove floodwaters to life-threatening levels in a region with 60 million residents. Phillips 66 (PSX), Hess Corp. (HES), NuStar Energy LP (NS) and PBF Energy Inc. (PBF) reduced refinery operations on the U.S. East Coast because of Sandy.
Six refineries curbed production because of Sandy, accounting for 1.22 million barrels of the area’s crude- processing capacity of 1.29 million barrels a day, according to data. The storm may cut East Coast gasoline supplies to the lowest level since at least 1990, based on Energy Department data.
Crude oil for December delivery rose to $86.24 a barrel on the New York Mercantile Exchange. The contract settled at $85.54 yesterday, the lowest since July 10. Prices are down 13 percent this year.
Brent oil for December settlement slipped 24 cents to $109.20 a barrel on the London-based ICE Futures Europe exchange. The European benchmark crude premium to West Texas Intermediate contract narrowed to $23.25. The spread widened for a sixth day yesterday to $23.90.

© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.