Oil pauses near record over USD 145

Reuters
Posted: 2008-07-04 08:51:14+05:30 IST
Updated: Jul 04, 2008 at 0851 hrs IST

Font Size

Feedback

Discuss

Oil rises to $117 on Russia-US tension Oil falls by more than $1 to below $112 Fall in oil likely to be moderate: ICRA 'Supply crunch may bring $200 oil in 5-10 yrs'

Singapore, July 4: : ago after US payroll data came in close to expectations and eased fears about the health of the US job market and economy.

Comments from the head of the European Central Bank that suggested further interest rate increases in Europe could be put on hold also supported the US currency.

Tropical Storm Bertha, which formed on Thursday in the eastern Atlantic Ocean, was not expected to threaten any US oil and gas production facilities in Gulf of Mexico.

Hurricane experts have predicted an above-average number of storms and hurricanes through the US hurricane season, which began on June 1 and runs through the end of November....

Single Page Format

Previous - 1 - 2

Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Latest News

Print Edition

Events

Oil pauses near record over USD 145

Post Comments