2011/1/11

Reports raised concerns about crude oil futures ended higher

New York Mercantile Exchange crude oil futures settled 10 ended higher, because Alyeska Pipeline Co. Trans-Alaska Pipeline's pipeline network led to the closure of some of the worries about oil supply is limited.

NYMEX February crude oil futures contract settled up $ 1.22 to $ 89.25 a barrel, or 1.4%. ICE Brent crude futures rose $ 2.38, to $ 95.71 a barrel.

Alyeska Pipeline workers discovered a vulnerability 8, then the company closed its pipeline network, a move forced the British oil company, Exxon Mobil and other oil companies to suspend the Alaska North Slope region in almost all oil production. The oil production in the region of 63 million barrels per day, equivalent to U.S. domestic oil production is about 9%, and the U.S. West Coast refineries to the large number of transportation of crude oil.