United States crude oil drop again

United States crude fell by 3.21 dollars, or about 6 percent, to $ 49.03 per barrel yesterday, while Brent crude shed $ 3.00 to $ 51.06. It was after the International Energy Agency (IEA) had drastically reduced its forecast for oil demand, offsetting the impact of earlier data showing Chinese imports of oil rose to the second highest in historyDue to the Passover feast, yesterday was the first day of trading Thursday in almost 6 percent profit on the oil market, propelled by a rally on Wall Street.But it is not all bad news as hopes rose Nigeria is to export crude oil, and Shell Petroleum Development Company (SPDC) yesterday put out a fire in its pipeline Bomu Manifold Ogoniland rivers in the state.

It was part of the oil company's efforts to restart the oil, it is estimated that the output of 120,000 barrels per day (BPD), which had been closed due to accident.
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