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Commodities Briefing - Categorized | Oil, Price Watch more

Oil prices hold steady

Posted on 15 November 2012

Crude oil prices held steady above $86 a barrel on the New York Mercantile Exchange despite reports of increased tension in the Middle East.
News of an Israeli assault on targets in Gaza, in which a top Hamas military official was killed, injected tension in the market. Prices had several reasons to go down, but those reasons were balanced out by news from Israel. Equities fell again on Wall Street in the wake of weak economic data………………………………………..Full Article: Source


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