Reports said Wednesday that oil futures traded higher after the US showed reports on falling home prices and consumer confidence. According to the report, light, sweet crude for February settlement traded 0.5 percent higher or 49 cents at $91.49 a barrel on New York Mercantile Exchange, while the Brent crude futures gained 0.6 percent or [...]
December 29th, 2010 | Filed under World | Read More »
Crude oil for future deliveries slightly retreated Friday as the US dollar continues to rise, making oil more expensive for buyers in other currencies. On the New York Mercantile Exchange, crude oil futures for January settlement traded at $87.93 a barrel, which fell $0.07 in the Globex electronic session. Brent crude futures for January delivery [...]
December 4th, 2010 | Filed under World | Read More »
