Monday, February 15, 2010

Crude softens amid a firmer US dollar and concerns over EU’s support for Greece

Crude futures softened to US$75/barrel on Friday as the US dollar strengthened and concerns rose over vague statements made by the European Union regarding its support for Greece. Crude prices had rissen on the previous day by expectations of increased heating oil demand amid snow storms in USA.

For more details on Crude softens amid a firmer US dollar and concerns over EU’s support for Greece click here

Related Posts by Categories



Read daily plastics industry news at Plastemart.com

0 comments: