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Oil rises above 75 US dollar as global equities rally Stock Market
Oil prices rose above $75 a barrel before midle of june 2010 in Asia as rallying stock markets. Benchmark crude for July delivery was up $1.33 to $75.11 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract dropped $1.70 to settle at $73.78 on Friday. Major [...]
Monday, June 14th, 2010Crude Oil Future Trading Market Prices
Crude oil prices measure the spot price of various barrels of oil, most commonly either the West Texas Intermediate or the Brent Blend. The OPEC basket price and the NMEX Futures price are also sometimes quoted. West Texas Intermediate (WTI) crude oil is of very high quality, because it is light-weight and has low sulphur [...]
Monday, March 1st, 2010