The 3 Week Diet System

Friday, June 5, 2015

Crude oil spurts higher

June 06:

West Texas Intermediate for July added 2% to settle at US$59.13 a barrel.
West Texas Intermediate for July added 2% to settle at US$59.13 a barrel.

Crude oil futures settled jumped on Friday, with gains for the U.S. benchmark intensifying in the last few minutes of trading. 

Prices found support from a 26th straight weekly decline in the number of U.S. rigs actively drilling for oil, offsetting earlier pressure from the Organization of the Petroleum Exporting Countries' decision to leave its production ceiling unchanged. 

West Texas Intermediate for July added 2% to settle at US$59.13 a barrel on the New York Mercantile Exchange. 

Based on the most-active contracts, prices suffered a loss of 1.9% for the week - their first weekly decline in 12 weeks.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.


Source: www.proactiveinvestors.com.au/companies/news/62792/crude-oil-spurts-higher-62792.html?

No comments:

Post a Comment