oil heads toward 108 as us economy brightens
Last Updated : GMT 15:30:33
Arab Today, arab today
Arab Today, arab today

Oil heads toward $108 as US economy brightens

Arab Today, arab today

Arab Today, arab today Oil heads toward $108 as US economy brightens

Bangkok - SPA

Oil prices rose Thursday after new U.S. indicators underlined a modest recovery in the world\'s biggest economy, AP reported. Benchmark oil for October delivery was up 28 cents to $107.51 at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell Wednesday by $1.31, or 1.2 percent, to close at $107.23 a barrel on the Nymex. Brent, the benchmark for international crudes, rose 17 cents to $115.08 a barrel on the ICE Futures exchange in London. Prices of Brent have risen sharply due to fears the U.S. could intervene militarily in Syria\'s civil conflict.

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oil heads toward 108 as us economy brightens oil heads toward 108 as us economy brightens

 



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