Crude oil rose pulled higher by gasoline, on speculation that U.S. inventories of the motor fuel declined for a fourth week. Anther likely excuses…The crude-oil market often follows gasoline during the summer. ....
Crude oil for October delivery rose 88 cents, to $71.97 a barrel on the New York Mercantile Exchange. Futures touched $72.05, the highest intraday price since Aug. 17. Prices are down 0.7 percent from a year ago.
The Organization of Petroleum Exporting Countries, which produces about 40 percent of the world's oil, is set to meet Sept. 11 in Vienna to discuss production plans for the fourth quarterBrent crude oil for October settlement rose 36 cents, to $70.98 a barrel on the London-based ICE Futures exchange.
So as can be seen everything or anything can be used to increase final consumer prices…
Subscribe to:
Post Comments (Atom)
SOUTH AFRICA SPRINGBOKS
South Africa laid the groundwork with traditional Springbok rugby and finished an out-gunned England side off with two late tries to win ...
-
After searching all available information and after spending almost all morning with our local news analyst we were able to determine that ...
-
Reports issued by WorldWatch confirm stocks rallied around the world as Japan's economy grew faster than forecast and companies from Gro... -
Crude producers agreed they’re cutting oil production!!! This is speculation, most crude producers cannot afford to reduce produc...
No comments:
Post a Comment