Wednesday 14 March 2012

Oil hovers below $107 after US crude supply jump



Benchmark oil for April delivery was down 3 cents to $106.68 at midday Singapore time. 

Oil prices hovered below $107 a barrel Wednesday in Asia after a report showed a jump in U.S. crude supplies, a sign demand remains sluggish. 
Benchmark oil for April delivery was down 3 cents to $106.68 at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 37 cents to settle at $106.71 per barrel in New York on Tuesday.
Brent crude was steady at $126.22 per barrel in London.

For More Info Click Bellow....

No comments:

Post a Comment