Crude oil futures settlement price lower on Friday, about France and China to 2012 reports of global oil demand prospects provide different signals.

The New York mercantile exchange February light crude oil futures low sulfur clearing price fell 82 cents to $98.83 a barrel, or 0.8%. Brent crude oil futures contract ICE fell 63 cents to $107.38 a barrel, or 0.6%. Today's market volume of about half of the normal level.

Crude oil futures closed this year has risen 8.2%, higher than a year ago of $91.38 a barrel. Oil prices as may, once touch of more than $113 a barrel highs, and in October of less than 76 dollars a barrel lows, the impact factors including unrest in the Middle East, European debt crisis, the United States mixed economic data and the Iranian and western countries the confrontation between.

Even though the us economic growth momentum weak, and unemployment remains high, but oil prices finished this year is still close to $100 a barrel. This again shown because of the economic growth point to emerging economies, overseas oil demand has more than native American.

Friday has news show that China manufacturing activity slows, and the market will it as China's economic growth signs of slowing. Affected by this, crude oil futures confined. HSBC Holdings Co., LTD (HSBC Holdings PLC, hereinafter referred to as: HSBC Holdings) on Friday, the HSBC China manufacturing industry in December purchasing managers' index (PMI) final value in again shrinking area, but the shrinking of less than the last month, the fourth quarter of the year PMI first quarter of 2009, the average level of the worst since.

In addition, sources said by weak demand, the rise in the cost of crude oil and the effect of foreign competition, the French oil refining enterprise Petroplus will shut down its three credit problems because of the oil refinery. Oil prices for the news get support, because the market it as a U.S. crude oil positive signal, the product oil may be sold to overseas, to meet demand.

In recent months, the delivery of January RBOB gasoline futures settlement price up 0.62 cents, to $2.6863 a gallon, or 0.2%. January heating oil futures up 1.75 cents, to $2.9350 a gallon, or 0.6%.

Source "the Chinese textile nets"

Edit: lara