Sun, Jul 24, 2016
A A A
Welcome vaishu
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oil hits $100 as US economy slowly improves

Posted on 18 November 2011

Oil prices hit $100 a barrel on Wednesday after a six-week surge that may drive gasoline prices higher in coming months and slow the fragile economic recovery. For now, there a few reasons to explain why oil jumped 30 percent higher since early October.

One is promising. The U.S. economy continued to show signs of strength, meaning that the thirst for fuel may grow……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 46893 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
July 2016
S M T W T F S
« Jun    
 12
3456789
10111213141516
17181920212223
24252627282930
31