Oil prices went down as U.S.Used construction machinery equity markets fell on disappointing corporate earnings.Downbeat corporate earnings from companies, such as Bank of America, Intel, all weighed on the equity markets and oil prices.Bank of America, the last of the four big U.S. banks, Wednesday reported financial results for the first quarter of 2013, which registered positive profits but its revenue missed market expectations. Its net income reached 2.6 billion dollars, or 20 cents per share, missing the market's expectation of 23 cents per share.
said its current quarter revenue would decline 8 percent and cut its
2013 capital spending plans.U.S. crude inventories dropped by 1.2
million barrels, or 0.3 percent,Clawfoot tub faucets to
387.6 million barrels in the week ending April 12, the Energy
Information Administration (EIA) reported. Gasoline inventories fell 0.6
million barrels, but distillate inventories rose 2.4 million
barrels.Gasoline consumption dropped for a second week to 8.38 million
barrels a day due to weak consumer demand.
dollar advanced against euro to the strongest level since February. A
rising greenback reduced dollar-denominated oil's appeal as an
investment alternative.Light, sweet crude for May delivery lost 2.http://www.szbuildre.com/04 dollars, or 2.Vintage tubs3
percent, to settle at 86.68 dollars a barrel on the New York Mercantile
Exchange.Brent for June delivery was down 2.24 dollars, or 2.24
percent,Conveyor belts are required in various areas. It is mostly used
in the Crushing equipment handling
purposes, including beverage and food processing, mining,
manufacturing, power transmission and packaging. to close at 97.69
dollars a barrel.