March 23:
U.S. crude oil fell in early Monday trade to hover just above the $99 level, after gaining in the previous session when additional sanctions on Russia renewed fears of a supply disruption from the world's second largest oil producer.
U.S. crude for May delivery was down 13 cents at $99.33 per barrel by 0034 GMT, after finishing 56 cents higher on Friday.
Leaders of the G7 nations are to hold talks on the sidelines of a nuclear security summit in The Hague on Monday to consider their response to Russia annexing Crimea, amid doubts that sanctions can constrain President Vladimir Putin.
The U.S. Commodity Futures Trading Commission has stepped up a probe into more than a million energy, metals, foreign exchange and other swap transactions, the Financial Times reported on its website on Sunday, citing anonymous sources.
The average price for a gallon of gasoline in the United States rose nearly 5 cents over the past two weeks, a survey released on Sunday showed, driven mainly by a jump in the price of ethanol.
Source: http://www.cnbc.com/id/101517841?
Comments
Post a Comment