Oil price down 25 cents to $ 83.61 per barrel

Oil prices declined today on electronic markets in Asia, with the crude duty pay for the crisis triggered by some European countries (Ireland, Spain, Portugal) and which, according to analysts, could have an impact on oil demand. The barrel for delivery in January, is trading at 83.61 cents, down 25 cents (-0.3%) on the Singapore market than yesterday. But no comparison with U.S. markets closed yesterday for Thanksgiving.

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BP Oil Spill Incident Commander Killed in Plane Crash

Jim Black, a BP incident commander for the company's Gulf of Mexico oil spill response team, died in a small plane crash near Destin, Fla., on Tuesday night, the company confirmed.

"Jim was a devoted member of our Gulf Coast spill response team and served many years with Amoco and BP. He will be missed by all who knew him and worked with him. Jim and his family are in our thoughts and prayers."

The Coast Guard said the small plane crashed Tuesday about 7:30 p.m. in Choctawhatchee Bay.

Black, whose job at the oil giant was director of operations for the Gulf Coast Restoration Organization, spent a lot of his time during the past several months in and around New Orleans. His work as incident commander for the oil spill response took him to the Joint Incident Command Center in Robert, to another operations center in Houma and often to New Orleans.

He lived in Katy, Texas, and was heading to Destin for the holidays with his sister, Charlene Miller, and the plane's pilot, Gregory Coleman of Cedar Park, Texas. Miller was Coleman's mother-in-law.