Arab Today, arab today oil prices advance as us stocks gain
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Oil prices advance as US stocks gain

Arab Today, arab today

Arab Today, arab today Oil prices advance as US stocks gain

New York - XINHUA

Oil prices climbed Tuesday as U.S. stocks extended gains on increased optimism about the economy. U.S. stocks continued to move higher on Tuesday on track for a four-day winning streak, after the largest U.S. aluminum producer Alcoa reported better-than-expected earning. Strong equity markets also boosted oil prices, as traders believed that U.S. economy is improving. Total U.S. nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Labor Department said last Friday. The International Monetary Fund (IMF) on Tuesday cut its growth forecast for the world economy to 3.1 percent in 2013, 0.2 percentage points lower than its April projection, due to a slower expansion in several key emerging economies. Traders are watching closely the situation in Egypt. Things are relatively quiet at the Suez Canal, and the shipping is not interrupted. On the economic front, the U.S. small-business optimism remained in tepid territory in June, as the National Federation of Independent Business\'s monthly economic index dropped 0.9 to 93.5 after two months of rises, effectively ending any hope of a revival in confidence among job creators. Light, sweet crude for August delivery gained 39 cents, to settle at 103.53 dollars a barrel on the New York Mercantile Exchange. Brent for August delivery went up 38 cents, to close at 107.81 dollars a barrel.

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 prices advance as us stocks gain Arab Today, arab today oil prices advance as us stocks gain

 



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 prices advance as us stocks gain Arab Today, arab today oil prices advance as us stocks gain

 



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 Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
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