Wed, May 25, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Oil, Price Watch, Research more

U.S. oil off highs on home sales data, OPEC

Posted on 30 May 2011

U.S. oil prices were well off early highs on Friday after data showed U.S. home sales plunged in April, adding to the latest crop of weak economic signals, and wiping away most of the day’s early gains sparked by a weaker dollar.
Industry data showed pending sales of existing U.S. homes fell more than expected in April to hit a seven-month low, dashing hopes for a recovery in the vital housing market……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 46002 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

May 2016
S M T W T F S
« Apr    
1234567
891011121314
15161718192021
22232425262728
293031