New York's crude oil rebounded after the rebound rebounded 1.4% on the 20th to close at $86.89

New York's crude oil rebounded after the rebound rebounded 1.4% on the 20th to close at $86.89 International monetary organizations on Tuesday reduced global economic growth forecasts and international oil prices fell for a time. However, the U.S. Federal Open Market Committee will extend the session to fully discuss the stimulus to the economy. The U.S. dollar index will fall, and the international oil price will rebound after falling. Tuesday (September 20) New York Mercantile Exchange West Texas Light Oil October 2011 ** Settlement price US$86.89 per barrel, up US$1.19 over the previous trading day, trading range 85.11-87.46 USD; London Intercontinental Exchange Brent crude oil November 2011 ** settled at US$110.54 per barrel, up US$1.40 over the previous trading day and trading range was US$108.7-11.59.

New York Mercantile Exchange West Texas Light Oil October 2011 ** Closed, November ** settled at US$86.92 per barrel, up US$1.11 from the previous session, trading range from US$85.25-87.68.

The International Monetary Union organization on Tuesday announced that the global economic growth this year will be reduced to 4% from the 4.3% predicted in June and 4.5%. The agency warned that if the euro zone and the U.S. government do not take quick action, they will have "serious consequences" for the world economy. The agency said that the United States and Europe may suffer a deep decline in their economies. Without the concerted efforts of governments of all countries around the world, economic growth will create a “year of decline”.

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