| 30.12.2009 - Oil trades near $79 as heating oil climbs on forecast for cold |
| From Bloomberg: Crude oil traded near $79 a barrel after rising for a fifth day on forecasts for cold weather in the U.S. and signs the economy in the world’s largest energy- consuming nation may be recovering. Crude climbed 10 cents to $78.87 a barrel yesterday as heating oil rose to a two-month high on the outlook for below- normal temperatures and as U.S. consumer confidence improved in December for a second month..........................................Full Article: Source |