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You are here: Home»Markets»Energy»Americas»US crude lower a second day on budget uncertainty

crutr copyNEW YORK: US crude futures slipped on Tuesday, falling a second straight day as uncertainty about the US budget negotiations fueled concerns about curbed demand for petroleum if looming mandated tax increases and spending cuts are not averted.

 

US January crude fell 56 cents, or 0.64 percent, to settle at $87.18 a barrel, having traded from $86.83 to $88.25.

 

Copyright Reuters, 2012


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln