Arab Today, arab today oil prices rose on friday for a third straight day
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Oil prices rose on Friday for a third straight day

Arab Today, arab today

Arab Today, arab today Oil prices rose on Friday for a third straight day

New York - Arabstoday

Oil prices rose on Friday for a third straight day and also posted weekly gains as data showing rising US employment countered pressure from a stronger dollar and fading euphoria from Greece\'s debt swap deal. US non-farm payrolls exceeded expectations by rising 227,000 in February, the third straight month that gains topped 200,000. The unemployment rate held at a three-year low of 8.3 per cent. \"Today\'s US employment report for February was positive across the board and confirms that improvements in the US job market are real,\" Jason Schenker, president of Prestige Economics LLC in Austin, Texas, said. Oil\'s price trajectory was choppy, buffeted by pressure from a stronger dollar, supportive news of Greece\'s bond swap deal to avoid a default, and Chinese data showing that inflation had cooled, giving policymakers room to ease monetary policy to fight slowing growth. Brent crude rose 54 cents to settle at $125.98 (Dh462.74) a barrel, trading from $124.69 to $126.37. Brent posted a 1.88 per cent weekly gain, the sixth weekly rise in seven weeks. US crude rose 82 cents to settle at $107.40 a barrel after tug-of-war trading from $106.13 to $108.20. For the week, US crude rose marginally, 0.66 per cent, after losing 2.8 per cent last week. Brent\'s premium to US crude ended at $18.58 based on settlements, but dropped below $18 a barrel intraday. Trading volumes were lacklustre, with Brent turnover 20 per cent below its 30-day average.

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 rose on friday for a third straight day Arab Today, arab today oil prices rose on friday for a third straight day

 



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 rose on friday for a third straight day Arab Today, arab today oil prices rose on friday for a third straight day

 



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
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