BUSINESS INFORMATION - Oil price variations

BUSINESS INFORMATION - Oil price variations, or "mixed" local time on Thursday, a day after the increase to the highest level since June, in the middle of the fall of U.S. crude oil inventories showed a strong demand in the country of the world's largest consumer of energy.


Contract main measure New York, crude oil "light sweet" for September delivery, rose 12 cents, a thin 72.54 U.S. dollars per barrel, the due date on the closing trade.

Oil Brent North Sea crude for delivery in October London down 1.26 U.S. dollars into U.S. dollars 73.33 per barrel.

Some analysts said the price increase of more than three dollars in New York on Wednesday, after data showed U.S. crude oil supplies dwindle a massive 8.4 million barrels in the last weeks, may have been excessive.

But Barclays Capital said in a report that oil prices are still supported in the far end of the lowest position on the 70-dollar level.

U.S. crude supply down 8.4 million barrels of weekends ago, the increase of three weekend run and surprising traders who predict an increase of 1.5 million barrels.

Gasoline reserves had fallen 2.1 million barrels, more than forecasts down to 800,000 barrels.

Distillation, including diesel fuel and heating, down 700,000 barrels in the week, while analysts project has increased 500,000 barrels.

JPMorgan Chase Bank analyst, said Thursday that the number of requests in the United States is a global representation for the poor recovery in oil demand that is currently in progress.

In July year ago oil prices reach record high above 147 U.S. dollars per barrel, before the collapse because of weakening energy demand due to financial crisis the world, to be 32 U.S. dollars per barrel in December.