Monday, December 20, 2010

New York oil prices fell below $ 65 a barrel

As the International Atomic Energy Agency (IAEA) held an emergency meeting to Iran nuclear problem, international oil prices continue to plunge on February 2, in which New York oil prices fell below $ 65 per barrel.

New York Mercantile Exchange March delivery of light crude oil futures prices $ 1.88, to $ 64.68 per barrel. London International Petroleum Exchange North Sea Brent crude oil futures prices $ 2.15, to $ 62.88 per barrel.

New York Shangjiaosuo other oil prices also varying degrees of decline, 3 month delivery of heating oil futures prices decrease 5.3 cents, to $ per gallon 1.7708; 3 month delivery of gasoline futures prices fell about 6 cents per gallon, at $ 1.6656; 3 month delivery of natural gas futures prices 37.6 cents, in every 1000 cubic feet (1 m 3 of approximately 35 cubic feet) of $ 8.347.

IAEA Board held an emergency meeting 2 to discuss the Organization of petroleum exporting countries (OPEC) and the second largest oil producer in the Iran nuclear issue, but not yet on Iran nuclear problem report to the Council or the Council discussed making a final decision. IAEA Director General El Baradei said that break the current impasse in the Iranian nuclear issue "still has the potential to" hope Iran full cooperation with the International Atomic Energy Agency, the suspension of nuclear research and development activities for the international community to build confidence on Iran.

Iran in the International Atomic Energy Agency on behalf of soltaniyeh day said, the development of nuclear weapons is not a choice of Iran, Iran has been and will continue to work with the International Atomic Energy Agency for full cooperation. If the Council decided to Iran nuclear problem report to the Council or the Council discussions, Iran will have to pause and the International Atomic Energy Agency's voluntary cooperation.

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