21 May 2010 10:43 [Source: ICIS news]
SINGAPORE (ICIS news)--Crude futures fell by more than $1/bbl (€0.80) on Friday amid worries over the debt crisis among European nations and high US inventory levels, traders said.
At 08:46 GMT, July NYMEX light sweet crude futures were down $1.12/bbl at $69.76/bbl, after hitting an intra-day low of $69.31/bbl earlier in the session. The June NYMEX light sweet crude futures contract (WTI) expired on Thursday.
July Brent on ?xml:namespace>
Asian equity markets also fell sharply on concerns over European debt with the Nikkei in
High inventory levels in the
($1 = €0.80)
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