Wed, Jul 1, 2015
A A A
Welcome preal121
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 41206 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
July 2015
S M T W T F S
« Jun    
 1234
567891011
12131415161718
19202122232425
262728293031