Crude oil prices advanced for the third successive session on Friday as sentiments got support from the encouraging US jobs data which showed that unemployment ticked lower while the US economy added more jobs. However, the oil prices settled only with marginal gains as uncertainties over the future of Euro-zone loomed while the American greenback appreciated against a basket of currencies making the dollar denominated commodity costlier for holders of other currencies.Benchmark crude for December delivery added $0.19, or 0.2% to settle at $94.27 a barrel on, after trading as high as $94.93 and as low as $90.87 on the New York Mercantile Exchange. In London, Brent crude for December delivery surged $1.14 to $111.97 a barrel, on the ICE Futures exchange.



2 comments:
I really appreciate your post and you explain each and every point very well. Thanks for sharing this information. And I’ll love to read your next post too. Regards ncdex
mcx gold
awesome ...
as the sars already defined
Post a Comment