Sunday, 28 October 2012

Crude dips as Hurricane Sandy threatens U.S. coast


MTECHTIPS

Crude dips as Hurricane Sandy threatens U.S. coast

Crude oil futures fell in Asian trading on Monday as Hurricane Sandy threatened to converge with other weather systems into a super storm and disrupt oil operations along a wide swath of the U.S. east coast.
On the New York Mercantile Exchange, light, sweet crude futures for delivery in December traded at USD85.98 a barrel on Monday, down 0.34%, off from a session high of USD86.08 and up from an earlier session low of USD85.94.

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