WTI oil price holds near $85 after Sandy bashes US East Coast, refineries close
ukchanelwyfUS WTI oil futures open Tuesday’s trading session holding near $85 a barrel after Hurricane Sandy bashes the US East Coast overnight, US oil prices slid as much as 1.1 percent on Monday, while prices of the petrol advanced as much as 1.9 percent.
Latest WTI Oil Price
US WTI oil futures for December 2012 delivery was trading at $85.66 a barrel, 09:14 GMT in electronic trading on the NYMEX.
The biggest refineries in the northeastern United States shut down or throttled back sharply on Monday as the storm came ashore into New Jersey and hurled seawater at New York City, closing US financial markets.
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WTI oil price holds near $85 after Sandy bashes US East Coast, refineries close
