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Laden'S Death Caused Oil Prices To Fall

2011/5/2 14:50:00 102
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Crude Oil Price Obama Ben Laden

Beijing time on the morning of May 2nd, the president of the United States

Obama

Announced

Osama Bin Laden

After the death, crude oil prices fell from the highest level in 31 months, and gold and silver prices fell.


After the death of Laden, the crude oil delivery in June after the New York Mercantile Exchange fell 1.5% to $112.21 a barrel from $112.73 per barrel, and oil prices fell 1.13 US dollars in June and $112.80 a barrel in Asia.

Beihai Brent June delivery

Crude oil prices fall

78 cents to 125.11 dollars a barrel.

Crude oil spot prices fell 95 cents to US $112.98 in the US market.


In addition, the price of silver in July fell to $42.20 from $44.155 an ounce, and silver spot fell 8.1% to 44.05 dollars, and gold fell 0.8% to 1550.65 US dollars per ounce.

Copper delivery in June fell 0.5% to 4.1590 dollars per pound.


Analysts at Societe Generale Societe Generale think: the news of Laden's death may fade away this weekend, and the current price change is a subconscious reaction.

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