
The price of oil neared $102 a barrel Wednesday for the first time since May last year, according to a report of the Associated Press. Benchmark crude for August delivery was up $2.07 to $101.65 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract gained $1.61, or 1.6 percent, to close at $99.60 on Tuesday in New York. Brent crude was up 94 cents to $104.94 a barrel on the ICE futures exchange in London. In other energy futures trading on Nymex: - Wholesale gasoline was up 2.7 cents to $2.81 a gallon. - Heating oil added 2.6 cents to $2.927 a gallon. - Natural gas was down 1.2 cents at $3.642 per 1,000 cubic feet.
GMT 18:36 2017 Tuesday ,26 December
Scenting a recovery, oil producers ratchet up spendingGMT 20:43 2017 Monday ,25 December
Oil markets will witness balance in 2018: Iraqi Oil MinisterGMT 16:17 2017 Sunday ,24 December
Iraq invites bids for new oil pipelineGMT 14:26 2017 Friday ,22 December
Energy prices bump key US inflation index up in NovemberGMT 17:59 2017 Tuesday ,19 December
Japan trade surplus drops sharply on higher oil importsGMT 17:31 2017 Thursday ,14 December
Energy costs push US consumer inflation higher as Fed meetsGMT 15:30 2017 Wednesday ,29 November
Shell resumes all-cash dividend as oil price recoversGMT 13:22 2017 Sunday ,26 November
Chinese demand teaser to weigh on Vienna oil summit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor