NYMEX off, reacting to Japan, saudi events

摘要

New York-The New York Mercantile Exchange April crude oil futures contract settled $1.54 lower at $101.16/b March 11, after an earth- quake and tsunami in Japan dented optimism for oil demand as refineries and power plants closed, while geopolitical fears eased as a “Day of Rage" in Saudi Arabia was thwarted as police kept protests at bay.