On Thursday, oil prices floated over USD 75 a barrel in Asia amid investor concerns U.S. economic growth will slow in the second half and stymie demand for crude.
On the New York Mercantile Exchange, Benchmark crude for September delivery gone up 10 cents to USD 75.54 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract lost 35 cents to resolve at USD 75.42.
In September, in other Nymex trading contracts, heating oil gone up 0.17 cent to USD 2.027 a gallon, gasoline cut down 0.76 cent to USD 1.954 a gallon and natural gas held at USD 4.236 per 1,000 cubic feet.
On the ICE Futures exchange, Brent crude gone up 33 cents to USD 76.80 a barrel, In London.
Newer news items:
- Oil bounds more than USD 77 a barrel
- Oil scales to near USD 76 a barrel
- Oil cascades near to USD 75 a barrel
- Buy MCX gold Oct agreement at Rs 18,870
- Oil cascades near to USD 72 a barrel
Older news items:
- Oil cascades below USD 75 a barrel
- Oil prices falls further to 75.74 a barrel
- On August 12,the Reserve Bank of India`s (RBI) position rate for rupee devalued 0.86% besides US dollar at 46.94, contrasted to 46.54 on the preceding working day (August 11).
- Oil prices fall to 80.25 a barrel
- Oil prices falls to USD 82.47 a barrel
