Posts Tagged ‘US Commerce department’
Gold and Oil News - January 27, 2012 23:53
Crude Oil Futures Keep Up the Bullish Rally
Crude oil futures ended higher on Thursday but closed lower than $100 per barrel mark on recovery of the greenback. Investors remained mixed on Thursday as the US stock markets also turned lower while US economic data also gave mixed signals. As per data of US Commerce Department, new home sales fell 2.2 percent in […]
Crude Oil Futures Gain on the Positive US Economic Data
Crude oil futures moved with bullish sentiments on Thursday on positive US economic data and weakening greenback. Crude oil futures for June delivery gained 0.8 percent or $0.76 to $98.97 per barrel on New York Mercantile exchange. The contract earlier jumped up to $100 per barrel. Energy broker Jay Levine from Energay LLC commented, You […]
Crude Oil Falls below $112 per barrel
Crude oil futures remained under selling pressure on Monday as many experts thought that the correction was overdue. Crude oil futures contract for June delivery dropped 0.7 percent or $0.72 to $111.49 per barrel at New York Mercantile Exchange on Monday as compared to $113.48 per barrel on prior trading session. Crude oil has gained […]
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