NYMEX crude follows equities sharply lower

摘要

New York—New York Mercantile ExchangeSeptember crude oil futures August 8plunged $5.57/b to $81.31/b as long liqui-dation in the aftermath of Standard & Poor’sdowngrade of the US credit rating sent globalmarkets into a renewed free fall. This was the lowest settlement for theNYMEX front-month crude contract sinceNovember 23, 2010.