New York oil price fell below 112 U.S. dollars per barrel

The dollar against the euro, sterling and other major currencies the impact of rising international oil prices continue to fall on the 15th, the New York market after oil prices fell below 112 U.S. dollars per barrel.

The report showed that due to economic weakness in the euro zone economy, the same day the dollar against the euro exchange rate, after once reached Australian 1.4659 U.S. dollars, since February 20 this year, the highest level. At the same time, many investors expected, due to economic recession, the Bank of England may be forced to raise interest rates, making sterling-dollar exchange rate fell for 11 days. Against the Japanese yen exchange rate has set a seven-month a new high.

With the stronger dollar, 15, the New York Mercantile Exchange, the September delivery of light sweet crude oil futures prices closed after the conflict with the minimum to 111.34 U.S. dollars a barrel from the previous trading day sharply down 3.67 U.S. dollars, the lowest since record more than three months Transaction price to the close of trading, down 1.24 U.S. dollars, at 113.77 U.S. dollars a barrel. London's International Petroleum Exchange, October Brent crude-oil futures fell 1.13 dollars to close at 112.55 U.S. dollars a barrel.

New Zealand by September delivery price per gallon gasoline futures fell 5.18 cents to settle at 2.8602 U.S. dollars. September delivery of heating oil futures price per gallon rose 2 cents to settle at 3.1191 U.S. dollars. September futures for delivery of natural gas per 1,000 cubic feet down 4.4 cents to 8.092 U.S. dollars.

Since the July 11 record of 147.27 U.S. dollars a barrel the highest since records of transactions, New York crude oil futures prices have dropped 24 percent total.