The international oil price breaks each barrel 70 US dollars

Receives the investor to worry that the world economics decline the serious influence crude oil expend, as well as the American crude oil stock increased range surpasses anticipated and so on factor influences, the international oil price on 16th suffers the sharp drop again, New York, the London two place oil prices receives under each barrel 70 US dollars. 　New York commodity exchange in November delivers the light crude forward price falls 4.69 US dollars, receives in each barrel 69.85 US dollars. London international petroleum exchange in November delivers the North Sea Brunt crude oil forward price falls 4.48 US dollars, receives in each barrel 66.32 US dollars. American Energy Material Association (EIA) announces, American one week crude oil stock increases 5,600,000 barrels to 308,200,000 barrels, the gasoline stock increases 7,000,000 barrels to 193,800,000 barrels, both are higher than the estimate. The American petroleum demand's drop had already continued for several months, but the past three week jiao shangnian tongqi decline rate obviously expanded. Slides to the scope the aggravating to make the people even more to worry that the credit becomes serious is limiting a more widespread economic domain the activity, then possible to initiate the global decline. the OPEC is which holds the emergency meeting timing advance one month to October 24, hoped that suppresses the oil price sudden sliding. The analyst indicated that this organization at most will possibly reduce the crude oil daily output 1,000,000 barrels, will deal with the petroleum demand possibly the question which will slide in the economical murky time. Niu business in November delivers gasoline forward price each gallon falls 16.02 cents, receives in 1.622 US dollars. Warms up oil forward price each gallon to fall 10.62 cents, receives in 2.1108 US dollars. Natural gas forward price every thousand cubic feet fall 7.9 cents, receives in 7.215 US dollars.