Arab Today, arab today oil pushes toward 106 as us growth improves
Last Updated : GMT 12:14:46
Arab Today, arab today
Arab Today, arab today

Oil pushes toward $106 as US growth improves

Arab Today, arab today

Arab Today, arab today Oil pushes toward $106 as US growth improves

Washington - SPA

Faster economic growth in the U.S. and tightening crude supplies helped push up oil prices Thursday. Benchmark oil for September delivery was up 50 cents to $105.53 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained $1.95, or 1.9 percent, to close at $105.03 on Wednesday. Oil stockpiles in the U.S. fell by 740,000 barrels to 369.9 million barrels for the week ending July 26, according to the American Petroleum Institute. The U.S. Energy Department reported that supplies rose by 400,000 barrels last week, although supplies at the crucial Cushing, Oklahoma, hub for benchmark West Texas Intermediate crude declined by 1.9 million barrels. The oil price was also boosted by better-than-expected U.S. economic growth for the second quarter of 2013. The Commerce Department said Wednesday that the economy grew at a 1.7 percent annual rate in the April-June quarter, better than a revised 1.1 percent rate for the first quarter. Brent crude, traded on the ICE Futures exchange in London, rose 23 cents to $107.93 per barrel. In other energy futures trading on Nymex: -- Heating oil was little changed at $3.055 a gallon. -- Natural gas fell 1.3 cents to $3.433 per 1,000 cubic feet. -- Wholesale gasoline fell 0.1 cent to $2.995 a gallon.  

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 pushes toward 106 as us growth improves Arab Today, arab today oil pushes toward 106 as us growth improves

 



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 pushes toward 106 as us growth improves Arab Today, arab today oil pushes toward 106 as us growth improves

 



Arab Today, arab today Designer prepared new set of ornaments

GMT 02:45 2017 Wednesday ,28 June

Designer prepared new set of ornaments
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 04:23 2017 Tuesday ,20 June

Oil prices flat after weeks of steep declines

GMT 06:08 2017 Sunday ,18 June

Lower oil prices set to test US shale driller

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
Arab Today, arab today
Arab Today, arab today

GMT 08:23 2017 Saturday ,24 June

Actress Feryal Yussef received new drama offers

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
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