Crude Oil Futures
After a report from the U.S. Energy Information Administration that gasoline stocks had fallen last week by 2.9 million barrels, the price of crude oil shot up as high as $83.03 a barrel, its highest levels since early January.
The benchmark contract settled to $80.96 as the day went on, a decrease of 0.5 percent a barrel.
Other news affecting the price of oil was the announcement from OPEC that crude demand per day would rise by over 190,000 barrels a day over its previous estimate of 28.94 million barrels a day.
Crude Oil Futures
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment