U.S. oil breaks 90-dollar level on European crisis
NEW YORK — The U.S. crude oil price dropped sharply on Wednesday and broke the important supporting level of 90 dollars a barrel, as protests in Spain and Greece added to concerns about the eurozone debt crisis.
Protests against the government’s austerity measures erupted in Athens on Wednesday and turned violent. Similar protests occurred earlier in Madrid. The situation fueled uncertainties about the two countries’ ability to resolve their serious debt problems.
Meanwhile, the Bank of Spain said that the Spanish economy slowed “at a significant rate” in the third quarter.
Spain’s ten-year bond yield topped 6 percent on Wednesday for the first time in the week, and the euro fell to a two-week low against the dollar amid rising concerns. A strengthening greenback also weighed on the dollar-denominated commodities.
Besides, investors remained concerned about the global economic prospects after a series of weak signs.
The Energy Information Administration said that U.S. crude inventories dropped by 2.4 million barrels in the week ended September 21. The decrease came in as oil imports fell sharply in the week, overshadowing a moderate rise in domestic production.
Even with this decline, U.S. commercial oil inventories still stood at 365.2 million barrels — extremely heavy and above the historical upper limit.
However, escalating tensions over Iran’s controversial nuclear program helped limit the losses in crude prices.
Light, sweet crude for November delivery lost 1.39 dollars, or 1.52 percent, to settle at 89.98 dollars a barrel on the New York Mercantile Exchange, after dipping to the lowest intraday level of 88.95 dollars a barrel. This is the first time for U.S. crude to settle under 90 dollars since August 3.
In London, Brent crude for November delivery fell 41 cents, or 0.37 percent, to close at 110.04 dollars a barrel. (PNA/Xinhua)
http://www.sunstar.com.ph/breaking-news/2012/09/27/us-oil-breaks-90-dollar-level-european-crisis-245107
Best restaurant in Clark Pampanga attracts food and wine lovers from Manila, Subic and Angeles City Philippines to wine and dine at this fine dining restaurant. This top rated restaurant in Clark Pampanga is frequently visited by travelers from Manila, Subic, Baguio and neighboring provinces like Bulacan and other cities in Pampanga.
Where to go in Pampanga, tourist guide names Yats Restaurant as best restaurant in Pampanga, highly recommend visitors to visit this top rated resto bar in Pampanga Clark Philippines whenever travelling out of town from Manila to Angeles City or Subic. This is one of the most frequently restaurants in Pampanga, particularly favored by wine lovers from Manila and Subic looking for a good bottle of vintage wine at affordable prices. Here in this top rated restaurant in Pampanga, the cuisine is not heavy and guests feel relaxed and properly taken care of so they can enjoy dinner with class. Many ask to visit the famous wine cellars of this restaurant in Pampanga, some taking pictures with the most expensive wines in the Philippines.
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Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila. Yats Restaurant is one of the good restaurants in Pampanga, a restaurant with good food, a place that is nice for celebration, ideal for business dinner meeting, a good place to enjoy family reunion, and an attractive restaurant that serves good wines for dinner.
Michael Caffrey, new executive chef at Yats Restaurant and Wine bar in Angles City Clark Philippines, revamped menu, fine tuning classic dishes, adjusting prices to more attractive levels, making Yats the Best Restaurant in Clark Pampanga for everyone. This fine dining restaurant in Pampanga maintains very high standards with regards to its food and service.
For comments, inquiries and reservations click on Click here for inquiry and reservations
Restaurant@Yats-International.com
(045) 599-5600
0922-870-5178
0917-520-4401
Ask for Pedro and Rechel
Getting to this fine dining restaurant of Angeles City Clark Freeport Zone Pampanga Philippines
How to get to this fine-dining restaurant in Clark Philippines? Once you get to Clark Freeport, go straight until you hit Mimosa. After you enter Mimosa, stay on the left on Mimosa Drive, go past the Holiday Inn and Yats Restaurant (green top, independent 1-storey structure) is on your left. Just past the Yats Restaurant is the London Pub.
Yats Restaurant & Wine Bar
Mimosa Drive past Holiday Inn, Mimosa Leisure Estate,
Clark Freeport Zone, Pampanga, Philippines 2023
Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay
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