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000 barrels to 119.9 million
New York’s main contract, light sweet crude for delivery in February, shut Thursday until Monday,ralph lauren pas cher. It ended Thursday down six cents at $44.18.
Monday and Tuesday are public holidays in Britain.
Distillates — mostly heating fuel and diesel — rose 600,000 barrels to 119,doudoune moncler.9 million, surprising analysts who had predicted a drop,chaussure jordan.
In London,air jordan, Brent North Sea crude for February closed down 61 cents to $40.10,hollister. The market here closed exceptionally at 1300 GMT because of the Christmas holiday and was not set to reopen until next Wednesday,hollister deutschland.
“If we get warm weather and no supply disruptions in the Middle East,louboutin pas cher, we’ll probably see the market coming down,hollister uk. Otherwise it’s got the potential to go up if the weather is cold and if there are strikes in Nigeria or supply problems out of Iraq.”
Despite the losses, oil prices in London remained supported by concerns about low US crude stockpiles with winter firmly underway in the northern hemisphere.
Possible supply disruptions in Iraq and Nigeria were worrying traders also and were factors expected to affect prices in quiet trading next week. “A lot of it will be temperature driven,” Bache Financial trader Christopher Bellew said.
Prices tumbled by nearly $2 on Wednesday when the Department of Energy said US commercial crude oil inventories had unexpectedly climbed 2.1 million barrels to 295,louboutin pas cher.9 million in the week ending Dec. 17.
LONDON, 25 December 2004 — Oil prices fell yesterday in thin trading as dealers prepared for a long Christmas holiday weekend,abercrombie.
Traders meanwhile continued to digest news that community unrest in the Niger Delta had forced oil giants Shell and ChevronTexaco to suspend exports totaling 134,000 barrels of oil per day from Nigeria,louboutin, Africa’s largest producer of crude,abercrombie deutschland.
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