Friday, July 08, 2011

Oil prices below US$97 in Asia amid investor optimism

Benchmark oil for August delivery dipped to US$96.7 on the Nymex from US$96.8 on Tuesday.
In London, Brent crude dipped to US$113.50 on the ICE Futures exchange. Oil prices lingered below the US$977 mark in Asia amid investor optimism that strong crude demand from developing countries will offset weaker consumption growth in rich nations.

For more details on Oil prices below US$97 in Asia amid investor optimism click here

No comments:

Post a Comment