NYMEX crude, products show 'price erosion'

摘要

New York-New York Mercantile Exchange Jan- uary crude oil futures settled $1.62 lower at $84.11/b November 30, losing hold of the $85/b level as the US dollar strengthened and equities fell back. "We mostly saw some price erosion amid relatively light volume ahead of the inventory number," said Tim Evans, energy analyst at Citi Futures Perspective, referring to the Amer- ican Petroleum Institute and US Energy Infor- mation Administration data releases.