13 November 2012 12:50 [Source: ICIS news]
SINGAPORE (ICIS)--Crude futures declined on Tuesday, falling by more than $1/bbl at one stage, amid weakness in the ?xml:namespace>
At 12:34 GMT, December Brent crude on
December NYMEX light sweet crude futures (WTI) were trading at $85.32/bbl, down by 25 cents/bbl from the previous close. Earlier, the
In its latest monthly report issued on Tuesday, the International Energy Agency (IEA) said that “non-OPEC production rebounded by 840,000 bbl/day in October to 53.4m bbl/day after seasonal maintenance and weather disrupted output in September”. The IEA also said that exports from
Eurozone members have extended the deadline for
US lawmakers are set to start talks to reach agreement on plans to tackle the US budget amid fears that the large tax rises and spending cuts due to be implemented in January could push the world’s largest economy into recession.
($1 = €0.79)
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