Crude oil futures and refi ned product prices got clobbered on Wednesday in high trading volumes,with Brent falling below $86 per barrel and reversing a rally that threatened to push the benchmark above $100/bbl last week.Traders said there was no clear reason for Wednesday's slide,but noted that fears of lower oil demand growth have been rising and were reinforced by the rally.On ICE Futures,Brent for December loading crashed through three technical support levels to close down $5.11 at $85.81/bbl,its lowest settlement since Aug.29.On the Nymex,West Texas Intermediate (WTI) for November loading lost $5.01 to fi nish at $84.22/bbl.
展开▼
