Arab Today, arab today oil prices gain ahead of fed meeting
Last Updated : GMT 12:34:44
Arab Today, arab today
Arab Today, arab today

Oil prices gain ahead of Fed meeting

Arab Today, arab today

Arab Today, arab today Oil prices gain ahead of Fed meeting

New York - XINHUA

Oil prices moved up Monday on speculation that the US Federal Reserve would maintain the pace of stimulus during its two-day monetary meeting starting Tuesday. The Fed will hold its October policy meeting on Tuesday and Wednesday. Economists in general believe the central bank will maintain its current policy given the impact of the U.S. government shutdown and tepid economic data. The stimulus program from U.S. central bank is supportive for the economy and also helpful to the oil prices. Brent crude prices increased 2.5 percent following reports that Libyan crude output fell dramatically in September. Brent crude, the benchmark for international oil, is more sensitive to the changes in Middle East and North Africa. According to the Bloomberg survey of oil companies and analysts, Libyan output tumbled 275,000 barrels to 300,000 barrels a day in September due to labor protests. Light, sweet crude for December delivery increased 83 cents to settle at 98.68 dollars a barrel on the New York Mercantile Exchange,while Brent crude for December delivery gained 2.68 dollars to close at 109.61 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 gain ahead of fed meeting Arab Today, arab today oil prices gain ahead of fed meeting

 



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 gain ahead of fed meeting Arab Today, arab today oil prices gain ahead of fed meeting

 



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
Arab Today, arab today Sally Shaheen considers hosting a political show
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