A rebound in US consumer confidence and escalating tensions in Iran pushed oil to US$100 per barrel on the Nymex. Brent crude rose to US$109.86 a barrel in London.
Following robust retail sales over the Thanksgiving weekend, a private survey reported a rise in consumer confidence in USA this month to the highest level since July.
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Sunday, December 04, 2011
Rebound in US consumer confidence and escalating tensions in Iran push oil to US$100
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