Japan seismic tsunami lead crue oil futures to oscillate

Worry about Japanese earthquake restrain demand, Friday international oil prices continue to fall. Beijing time 2011 March 14 at 6 o 'clock in the morning restore electronic dish trade, 2011 April 100.30 dollars a barrel, futures opened last Friday settlement price than drop 86 cents a barrel, then rebound again fell to $101 below $100, by Beijing time at 8 a.m. and 30 points trading range 99.18-101.15 dollars a barrel. London intercontinental exchange brent crude oil futures opened on April 113.60 dollars a barrel, than last Friday the clearing price drop 24 cents, followed in rose to $114.18 after fall to 112.53 dollars.

Markets continue to pay attention to Japanese earthquake on the economy and the influence of oil demand. Japan part of nuclear power plant stop running might increase oil and fuel oil power demand, the post-disaster reconstruction will need a lot of product oil, but the earthquake on economic recovery inhibitory may lead to reduce energy demand.