Arab Today, arab today oil above 103
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

Oil above $103

Arab Today, arab today

Arab Today, arab today Oil above $103

Singapore - Spa

Oil prices rose above $103 a barrel Thursday in Asia, extending a 37 percent rally during the last six weeks, according to AP. Benchmark crude for December delivery was up 67 cents at $103.26 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $3.22 to settle at $102.59 in New York on Wednesday. Brent crude for January delivery slumped 28 cents to $111.60 a barrel on the ICE Futures Exchange in London. Oil has soared from $75 on Oct. 4 amid signs the U.S. economy is growing slowly - rather than slipping into a recession as some analysts feared during the summer. Oil prices jumped Wednesday after Canadian pipeline company Enbridge announced it would ship crude away from a key delivery point in Cushing, Oklahoma. The company bought a 50 percent stake in the Seaway pipeline from ConocoPhillips and plans to use it to transport oil from Cushing to refineries along the Gulf Coast, where much of it will be shipped overseas because of rising demand from Latin America. The benchmark U.S. crude is West Texas Intermediate, or WTI. Some analysts expect Europe's debt crisis and weak economic growth will undermine crude demand and eventually send prices lower. In other Nymex trading, heating oil added 1.2 cents to $3.15 per gallon and gasoline futures slid 0.9 cents to $2.62 per gallon. Natural gas gained 1.0 cent at $3.35 per 1,000 cubic feet.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil above 103 Arab Today, arab today oil above 103

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today oil above 103 Arab Today, arab today oil above 103

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 05:10 2017 Wednesday ,14 June

Oil prices edge down

GMT 05:22 2017 Tuesday ,13 June

Oil rises as investors buy into US crude

GMT 15:11 2017 Saturday ,10 June

Oil prices steady despite supply glut

GMT 14:28 2017 Sunday ,04 June

Kuwait oil price down 52 cents to USD47.83 pb

GMT 23:44 2017 Saturday ,03 June

OPEC daily basket price for Tuesday, 30th May 2017
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday