International oil prices fell below 50 U.S. dollars after

Mercantile Exchange, December delivery of light sweet crude oil futures prices fell below 20 after 50 U.S. dollars a barrel. On the same day, the stock market after Europe and the United States remained low. As at Beijing at 22:40 on the 20th, the three major European stock indexes in London, Frankfurt and Paris stock index fell 3.09 percent, 2.98 percent and 3.26 percent. To apply for unemployment benefits for the first time by the significant increase in the number of factors that dragged down the U.S. stock market opened lower after the Dow and S & P 500 and Nasdaq composite index fell 1.13 percent, 1.03 percent and 1.5 percent. Asia-Pacific stock markets tumbled across the board yesterday. The Nikkei 225 index fell 6.89 percent to 7703.04 points, Seoul Composite Index fell 6.7 percent to 948.69 points, Hong Kong, China, the Hang Seng Index fell 4.04 percent to 12298.56 points. In this context, the Chinese A-share market relative resilience. The SSE Composite Index was down 1.67 percent, again below 2000 points to close at 1983.76 points; Shenzhengchengzhi (market share it) was up 0.25 percent, at 6696.83 reported. Shanghai and Shenzhen stock markets still traded at a higher level of transactions were 87,700,000,000 yuan and 42,100,000,000 yuan. From the surface, the stock is basically divided Change, catering tourist-type stocks were among the biggest gainers, Xiamen Machinery & Electronics Exhibition by the recent construction of the building materials stocks suffered profit-taking.

International oil prices hit 19-month low

For fear of weakening global economy will seriously affect the world's energy consumption demand, international oil prices fell sharply again on the 6th, the New York market, oil prices fell to 19 months to a new low. On the same day, the International Monetary Fund said the release of the report will be developed into the most serious since World War II recession. The report estimated that global economic growth in 2009 will reach about 2.2 percent, much lower than the value of the organization released in October forecast of 3%. The report will be next year's international oil prices from an average 100 U.S. dollars a barrel before lowering to 68 U.S. dollars. In addition, including Britain, the European countries caused a substantial cut of the U.S. dollar against major currencies exchange rate, but also often used to hedge the risk of depreciation of the U.S. crude oil futures prices fell. To the New York Mercantile Exchange, December delivery of light sweet crude oil futures fell 4.53 U.S. dollars to close at 60.77 U.S. dollars a barrel. London's International Petroleum Exchange, December Brent crude futures fell 4.44 U.S. dollars to close at 57.43 U.S. dollars a barrel. In addition, the New Zealand business by December delivery price of a gallon of gasoline futures fell 8.84 cents to close at 1.3360 U.S. dollars. Heating oil futures dropped 11.23 cents a gallon to close at 1.9424 U.S. dollars. Futures prices of natural gas per 1000 cubic feet fell 51.2 cents to close at 6.979 U.S. dollars.

Skyrocketing increase in international oil prices hit the biggest one-day

As investors worried that the U.S. government financial rescue plan will lead to a depreciation of the U.S. dollar, crude oil futures market Bikong market, 22, appeared in international oil prices in the history of the largest single-day rise. In the morning on the New York market opened higher after oil prices have been 107 U.S. dollars a barrel to between 109 U.S. dollars to run. In the afternoon, the beginning of skyrocketing oil prices, the highest intraday at one time to see 130 U.S. dollars a barrel. To the New York Mercantile Exchange, October delivery crude oil futures price of light to close at 120.92 U.S. dollars a barrel, compared with the previous session up 16.37 U.S. dollars, or up to 15.7 percent, crude oil futures hit in 1984 Since the establishment of the market's largest single-day rise. Wall Street Strategies, a senior analyst with Kangnitena to the Xinhua News Agency reporter explained that the day of skyrocketing oil prices and the market Bikong acts. Since the October crude oil futures contracts expire on the same day, pre-oil futures on short selling transactions are required to buy the contract to complete the transaction, a large number of fast foot the bill to force oil prices pushed up short-selling are chasing the oil price is therefore unusual movements . In addition, due to fears the U.S. government's financial rescue plan will lead to increase in the deficit caused by the U.S. dollar, investors began to transfer funds out of commodities futures markets, but also lead to higher oil prices on the same day an important cause. 22, New York the dollar against major currencies exchange rate fell overall. Close to the day when the New Zealand business in October delivery price of a gallon of gasoline futures rose 10.41 cents to close at 2.7038 U.S. dollars. October heating oil futures for delivery price per gallon rose 14.52 cents to close at 3.043 U.S. dollars. October delivery of natural gas per 1000 cubic feet futures rose 9.5 cents to close at 7.943 U.S. dollars. London's International Petroleum Exchange, November Brent crude oil futures rose 6.43 U.S. dollars, reported at 106.04 U.S. dollars a barrel.