15 January 2010 15:34 [Source: ICIS news]
LONDON (ICIS news)--NYMEX light sweet crude futures fell more than $1/bbl on Friday to take the front-month February contract close to $78/bbl due to milder weather across the northern hemisphere and disappointing economic data from the US.
By 15:20 GMT, February NYMEX crude had hit a low of $78.35/bbl, which was a loss of $1.04/bbl from the previous close of $79.39/bbl, before recovering to around $78.50/bbl.
At the same time, March Brent crude on ICE futures was trading around $77.70/bbl, having hit a low of $77.50/bbl, which was a loss of $1.07/bbl from the previous close.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections