Sunday, September 25, 2005

NYMEX Oil down over $1 on ACCESS

NEW YORK, Sept 25 (Reuters) - U.S. crude oil futures were trading more than a dollar lower early on Sunday in a special electronic trading session on the the New York Mercantile Exchange as the oil refinery hub in Houston escaped serious damage by Hurricane Rita.

NYMEX crude for November delivery October delivery slipped to between $63.10 and $63.15 a barrel, traders said, after ending down $2.31 to $64.19 in the regular open-outcry session on Friday. A technical glitch prevented the NYMEX feed from reaching the Reuters wire, the traders said.

In London, November Brent , also open in a special session, traded 94 cents lower at $61.50 a barrel on the International Petroleum Exchange.

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