March 20, 2012 / 6:42 PM / 5 years ago

US crude down over 2 pct on Saudi reassurance

NEW YORK, March 20 (Reuters) - U.S. crude oil futures fell more than 2 percent on Tuesday after top OPEC exporter Saudi Arabia offered reassurances it was prepared to meet any supply shortfalls, in the wake of worries about a potential disruption of Iranian supplies.

On the New York Mercantile Exchange, crude for April delivery settled at $105.61 a barrel, falling $2.48, or 2.29 percent, after trading between $105.35 and $107.91.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below