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Oil reaches 2009 high above $75

Source: BBC
London : United Kingdom | about 1 month ago  
Views: 8
US light, sweet crude peaked at $75.15 a barrel, before falling back to $74.86 later in the session. Smaller declines in Chinese imports and exports were taken as signs of recovery in the global economy and an indication Chinese stimulus measures are working.
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  • News Source: Channel NewsAsia | about 1 month ago
    The US dollar slumped to a 14-month low against the euro on Wednesday, pushing the price of gold to a record high and crude oil futures above 75 US dollars for the first time in a year. The euro struck 1.49 US dollars -- its highest point since...
  • News Source: Times of Oman | about 1 month ago
    The price of New York oil jumped Wednesday above 75 dollars per barrel, hitting the highest level so far this year on the back of the tumbling dollar, analysts said. New York's main contract, light sweet crude for November delivery soared to 75.15...
  • News Source: BBC | about 1 month ago
    US light, sweet crude peaked at $75.15 a barrel, before falling back to $74.86 later in the session. Smaller declines in Chinese imports and exports were taken as signs of recovery in the global economy and an indication Chinese stimulus measures are...
  • News Source: GMA News | about 1 month ago
    Oil prices jumped above $75 a barrel Wednesday in Asia for the first time in a year on investor optimism crude demand will improve ahead of the Christmas shopping season. Benchmark crude for November delivery was up 91 cents to $75.06, the highest...
  • News Source: International Business Times | about 1 month ago
    China's September trade data showed crude oil imports easing from peak levels in the last two months, and U.S. weekly oil inventory data from the American Petroleum Institute (API), will give the next clue on the pace of demand recovery in the world'...
  • News Source: Boston Herald | about 1 month ago
    R etail gas prices rose slightly last week, the first time that’s happened in two months, according to government figures released Tuesday, as refiners shut down operations to account for very weak demand. Nationwide, gasoline prices rose about 2...
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  • Blog Source: www.sfexaminer.com
    "Given the recent improvement in the economic performance of OECD and China, oil demand is expected to be better than earlier forecast," OPEC said, referring to the Organization for Economic Cooperation and Development, a rich nations ...
  • Blog Source: www.washingtonexaminer.com
    A rebounding global economy spurred on mainly by China and other developing nations is expected to boost world oil demand by slightly under 1 percent next year, OPEC said Tuesday while cautioning that the pace of recovery remains far ...
  • Blog Source: blog.taragana.com
    “Given the recent improvement in the economic performance of OECD and China, oil demand is expected to be better than earlier forecast,” OPEC said, referring to the Organization for Economic Cooperation and Development, a rich nations ...
  • Blog Source: www.oilmarketer.co.uk
    Crude up on weather, OPEC demand forecast. Crude oil prices were higher again Tuesday, gaining on a US dollar that weakened further and after the Organization of Petroleum Exporting Countries predicted that demand for oil will be up ...
  • Blog Source: www.opalesque.com
    From Bloomberg: Crude oil rose for a fifth day, trading near $75 a barrel in New York, after OPEC increased its world energy demand forecast and the weaker dollar boosted the the appeal of commodities. Oil gained 1.2 percent yesterday ...
  • Blog Source: crudeoiltrader.blogspot.com
    Crude oil rose for a fifth day, trading near $75 a barrel in New York, after OPEC increased its world energy demand forecast and the weaker dollar boosted the the appeal of commodities. Oil gained 1.2 percent yesterday as the ...
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