Crude Futures Slip Lower on Sluggish Chinese Oil Import Data

摘要

Crude futures closed lower Thursday butproduct prices posted gains as tradersweighed news of sluggish Chinese crude im-ports against a report which showed big de-clines in US inventories of refined products.Nymex November crude futures fell $1.34to $84.23 per barrel. In London ICE Novem-ber Brent ended down 25￠ at $111.11.Customs data showed that China’s crudeoil imports in September were down sharplyversus the same month of last year and re-mained below 5 million b/d for a fourth con-secutive month.