Crude Oil Updates - Price moving High
0 Comments for:
Prices moved back above $75 per barrel in Asia after BP
Exploration Alaska said it was cutting daily oil output from its North
Slope production site in half. Continued violence in the Middle East
along with high temperatures and strong gasoline demand in the US were
also continuing to put upward pressure on crude prices. Light sweet
crude for September delivery was last quoted at $75.95 per barrel, up
$1.19 from $74.76 in late trade Friday in the US.
This shall be maintaining support for Gold and Silver as well.
0 Comments:
Post a Comment
<< Home