Bangkok (AP) -- the international crude oil prices fell below $93, on Wednesday in the use of the euro's unemployment rate rose to a single currency the highest level since it was established.
February delivery benchmark crude was down 19 cents to $92.96 a barrel in Bangkok at noon time on the New York mercantile exchange electronic trading. Contract fell four cents at $93.15 a barrel in New York.
In 17 countries that use the euro from November unemployment rate of 11.8% to 11.7%, in October, reflect economic weakness and the highest unemployment rate, since the euro was founded in 1999. , the region's largest economy, Germany's industrial order drop more than expected, in November, due to the weak foreign demand. Germany's exports also declined.
"The prospect of global commodities is likely in the next 12 months are still not clear, low growth in demand, especially in Europe, CMC Markets Michael hewson said:" in an email comment.
Oil traders will be monitoring the fresh information, this week us crude oil and product oil supply.
On January 4, check of the week of data is expected to show up 1.5 million barrels of crude oil and gasoline stocks rose by 2.6 million barrels, proctor energy information department, McGraw-hill because according to the survey of analysts the United States energy department subordinate energy released QingBaoShu crude oil inventory report will be late on Wednesday.
ICE futures exchange in London, brent crude oil used in international oil prices fell, varieties of 12 cents to $111.82 a barrel.
On the New York mercantile exchange other energy futures trading:
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