NYMEX-Crude ends down on demand, recovery worries

NEW YORK, Nov 13 (Reuters) - U.S. crude futures fell on
Friday on demand worries as souring consumer sentiment and a
bigger trade deficit raised fresh concerns about the economic
recovery.

The dollar was broadly lower against other major
currencies, including the euro [USD/], spurring economic growth
fears. That helped crude futures trim the day's loss, after
prices fell to their lowest in a month early in the session.

On Wall Street, upbeat commentary from some retailers added
to hopes consumers would spend more this holiday season, but
investors remained edgy after a preliminary gauge of consumer
confidence this month fell.

In the early going, there was a brief rebound above $77
fostered by a weaker dollar before crude headed lower again.

Thursday's government data showing crude and refined
product inventories rose last week continued to stoke demand
concerns, analysts said. For data details, see [EIA/S]

"Although the EIA, IEA and OPEC all slightly raised their
forecast for global oil consumption in this month's reports,
the weekly implied demand numbers coming from the U.S. are not
all that encouraging and suggestive that the economic recovery
may be very slow in the U.S. compared to other parts of the
world," said Dominick Chirichella, senior partner at the
Energy Management Institute in New York.

Exxon Mobil (XOM.N) Chief Executive Rex Tillerson said
winter heating demand alone was unlikely to significantly
reduce the global fuel inventory glut. [ID:nSIN56965]

PRICES

* On the New York Mercantile Exchange, December crude
CLZ9 settled down 59 cents, or 0.77 percent, at $76.35 a
barrel, trading from $75.57 to $77.67. The day's low was the
cheapest since prices hit $74.79 on Oct. 15. For the week, the
NYMEX contract fell $1.30, or 1.67 pct.

* In London, December Brent crude LCOZ9 expired and
settled down 47 cents or 0.62 percent, at $75.55 a barrel,
trading from $75.03 to $76.92. For the week, it dipped 32
cents, or 0.42 percent.

* NYMEX December RBOB RBZ9 finished 2.43 cents lower, or
1.25 percent, at $1.9162 a gallon, trading from $1.9061 to
$1.9605. For the week, it fell 0.81 cent, or 0.42 percent.

* NYMEX December heating oil HOZ9 ended down 2.49 cents,
or 1.25 percent, at $1.9661 a gallon, trading from $1.9504 to
$2.0069. For the week, it was down 4.37 cents or 2.17 pct.

* The December/December RBOB crack spread <0#RB-CL=R> ended
at $4.13, down from $4.56 on Thursday. The December/December
heating oil crack spread <0#CL-HO=R> ended at $6.23, dropping
from $6.68 on Thursday.

* The spread between the current front month and the
five-year forward crude contract CLc61 ended at $14.05,
widening from $13.99 on Thursday. The December 2014 contract
settled Friday at $90.40, down 53 cents, or 0.58 percent.

TECHNICALS

NYMEX crude 10-day/20-day moving average: $77.32/$77.53

Technical support/resistance:

NYMEX crude: $75.00/$79.00

NYMEX heating oil: $1.9355/$2.0475

NYMEX RBOB: $1.8885/$1.9970

For a full report on technicals, click on [ID:nLD707837]

MARKET NEWS

* U.S. consumer sentiment fell in early November to the
weakest in three months amid grim expectations for job and
income prospects, the Reuters/University of Michigan Surveys of
Consumers showed in a preliminary index. [ID:nN13145905]

* The Economic Cycle Research Institute's weekly measure of
future U.S. economic growth slipped to an 8-week low, sending
its yearly growth rate further off record levels reached seven
weeks ago, the group said on Friday.

* The U.S. trade deficit widened in September by an
unexpectedly large 18.2 percent, the most in more than 10
years, as oil prices rose for the seventh straight month and
imports from China bounded higher, a U.S. government report
showed on Friday. [ID:nN12319602]

* U.S. natural gas storage rose 25 billion cubic feet last
week, the EIA said, to 3.813 trillion cubic feet, an all-time
high. A Reuters poll forecast an 18 bcf build. [NGA/]

* Exxon Mobil (XOM.N) said Friday it restarted this week a
vacuum distillation unit at its 238,600 barrel-per-day refinery
in Joliet, Illinois, after maintenance work. [ID:nN13463736]
(Reporting by Gene Ramos; Editing by Walter Bagley)