19 November 2010 15:10 [Source: ICIS news]
After registering gains of more the $1.00/bbl earlier in the day on the back of a weaker US dollar and easing worries over the Irish debt crisis, crude oil futures fell sharply.
By 15:00 GMT, December NYMEX crude had hit a low of $80.59/bbl, a loss of $1.26/bbl from the Thursday close of $81.85/bbl, before recovering to around $80.85/bbl.
At the same time, January Brent crude on ICE Futures was trading around $84.30/bbl, having hit a low of $84.05/bbl, a loss of $1.00/bbl from the previous close.
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