On Wednesday, Oil prices increased more than USD 80 a barrel in Asia, clawing back some of the previous session’s steep drop that was triggered by China’s surprise interest rate hike.
On the New York Mercantile Exchange, Benchmark oil for November delivery was upbeat 97 cents to USD 80.46 a barrel at late afternoon Singapore time in electronic trading.
, heating oil rose 2.28 cents to USD 2.212 a gallon and gasoline gained 1.63 cents toUSD 2.065 a gallon. Natural gas added 1.5 cents to USD 3.528 per 1,000 cubic feet.
On the ICE Futures exchange, In London, Brent crude increased 89 cents to USD 81.99 a barrel.
Newer news items:
- India Soya Oil to shift superior On Firm Global Cues
- Wandering In the Absence of Any Major Cues: Crude Oil Weekly evaluation
- Malaysia October 1-25 Palm Oil Exports Downhill 4.70%
- Pepper to Move superior On Strong Demand and Tight Supply Position
- Oil drops to close to USD 82 a barrel
Older news items:
- Turmeric may trade downhill on slow-moving demand
- Coal Shipments from China Reaches 44.91 Million Tonnes
- India Pepper Futures stripped Prior Gains
- Guarseed zooms on energetic buying
- Oil drops to close to USD 81 a barrel
