International oil prices fall below $120 a barrel

the latest U.Sconsumer data prompted investors to sell crude oil and other commodity futures on the 5thinternational crude oil futures prices again the same day below $120 a barrelOther commodity futures prices fell back to their lowest levels in weeks or even monthssell-off pushed the dollar to a seven-week high, sending the world's major stock prices to their lowest level in three weekscrude oil down 18%Light crude oil futures for September delivery on the New York Mercantile Exchange fell as low as 119$50It was the first time since early May that oil prices had fallen below $120 a barrelBrent crude futures for September delivery on the London International Petroleum Exchange fell below $120 a barrel on the 5th, falling as low as 11908 USDcrude oil futures hit 147 on July 11 this year$27 at an all-time highCrude oil prices are down $27, or 18 percent, from then on"Investors are mainly concerned about falling oil demand, particularly the US market," said David Moore, a primary product investment analyst at Commonwealth Bank of Australia,U.Sconsumer spending fell 0.1 percent in June from May, after accounting for inflation, according to data released thursday by the U.S Commerce Department 2%。 Afp said that as the world's largest energy consumer, the United States to emit any signal of reduced consumption capacity will affect global oil demand expectations primary products followed suit
other primary commodity futures prices fell Gold futures are down 10 per cent from their all-time high on March 18; platinum futures are at their lowest level in six months and soybean futures are at their lowest level in three months "
The slowdown in world economic growth has investors worried about falling demand for some primary products," Moore said The fell sharply on Friday after commodity futures recorded their biggest monthly decline in at least a decade in June "The last time primary commodity futures were thrown back so wild was in March 1980," Reuters quoted a customer-sourced investment report from Lehman Brothers on 5 Unfortunately, that sell-off was of little significance to cushion the 1980-1982 recession report that, unlike last time, "this sell-off may have helped to stem the inflation pulse of the past year and prompt central banks to spend heavily on stimulus activity" energy raw materials stocks turn edifle? "Mining and raw materials stocks are under increasing pressure as more evidence of slowing world economic growth," said Nader Naimi, investment analyst at AMP Investors in australia, The MSCI Energy Index fell 0.2 3% at 12:23 p.m 3%。 The MSCI energy index is down 21 percent from its all-time high in May meanwhile, the MSCI Mining, Agriculture and Chemical Seidos index fell 1 2%, down 22% from an all-time high MSCI Energy Index is up 28 per cent over the past year, while the MSCI Raw Materials Index is up 31 per cent over the same period Bloomberg News, the stock index is down more than 20 percent from its previous high, which is usually a sign of a bear market Energy stocks in the U.S Standard and Poor's 500-stock index fell sharply on Thursday Macy's fell 13 percent, while Exxon Mobil Corp., the largest U.S energy company, fell 3 Schlumberger, the largest U.S oilfield services provider, fell 5 8%。 the market value of U.S raw materials companies has evaporated by 18 5%。 the latest U.S consumer data prompted investors to sell crude oil and other commodity futures on the 5th international crude oil futures prices again the same day below $120 a barrel Other commodity futures prices fell back to their lowest levels in weeks or even months sell-off pushed the dollar to a seven-week high, sending the world's major stock prices to their lowest level in three weeks crude oil down 18% Light crude oil futures for September delivery on the New York Mercantile Exchange fell as low as 119 $50 It was the first time since early May that oil prices had fallen below $120 a barrel Brent crude futures for September delivery on the London International Petroleum Exchange fell below $120 a barrel on the 5th, falling as low as 119 08 USD crude oil futures hit 147 on July 11 this year $27 at an all-time high Crude oil prices are down $27, or 18 percent, from then on "Investors are mainly concerned about falling oil demand, particularly the US market," said David Moore, a primary product investment analyst at Commonwealth Bank of Australia, U.S consumer spending fell 0.1 percent in June from May, after accounting for inflation, according to data released thursday by the U.S Commerce Department 2%。 Afp said that as the world's largest energy consumer, the United States to emit any signal of reduced consumption capacity will affect global oil demand expectations primary products followed suit
other primary commodity futures prices fell Gold futures are down 10 per cent from their all-time high on March 18; platinum futures are at their lowest level in six months and soybean futures are at their lowest level in three months "
The slowdown in world economic growth has investors worried about falling demand for some primary products," Moore said The fell sharply on Friday after commodity futures recorded their biggest monthly decline in at least a decade in June "The last time primary commodity futures were thrown back so wild was in March 1980," Reuters quoted a customer-sourced investment report from Lehman Brothers on 5 Unfortunately, that sell-off was of little significance to cushion the 1980-1982 recession report that, unlike last time, "this sell-off may have helped to stem the inflation pulse of the past year and prompt central banks to spend heavily on stimulus activity" energy raw materials stocks turn edifle? "Mining and raw materials stocks are under increasing pressure as more evidence of slowing world economic growth," said Nader Naimi, investment analyst at AMP Investors in australia, The MSCI Energy Index fell 0.2 3% at 12:23 p.m 3%。 The MSCI energy index is down 21 percent from its all-time high in May meanwhile, the MSCI Mining, Agriculture and Chemical Seidos index fell 1 2%, down 22% from an all-time high MSCI Energy Index is up 28 per cent over the past year, while the MSCI Raw Materials Index is up 31 per cent over the same period Bloomberg News, the stock index is down more than 20 percent from its previous high, which is usually a sign of a bear market Energy stocks in the U.S Standard and Poor's 500-stock index fell sharply on Thursday Macy's fell 13 percent, while Exxon Mobil Corp., the largest U.S energy company, fell 3 Schlumberger, the largest U.S oilfield services provider, fell 5 8%。 the market value of U.S raw materials companies has evaporated by 18 5%。 (name)