On Tuesday, oil prices regained some ground but settled lower after the Federal Reserve announced a slight move to boost up the U.S. economic recovery.
On the New York Mercantile Exchange, Benchmark crude lost USD 1.23 to settle at USD 80.25 a barrel after declining as low as USD 79.20 a barrel earlier in the day.
In other Nymex trading in September contracts, heating oil gave upbeat 2.84 cents to settle at USD 2.1254 a gallon, gasoline dropped 3.34 cents to settle at USD 2.0853 a gallon and natural gas knock down 1.2 cents to settle at USD 4.297 per 1,000 cubic feet.
On the ICE Futures exchange, in London, Brent crude USD 1.39 to settle at USD 79.60.
Newer news items:
- Oil cascades near to USD 72 a barrel
- Oil climbs above USD 75 a barrel
- 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).
Older news items:
- Oil prices falls to USD 82.47 a barrel
- Oil prices climbs above USD 82 a barrel
- Rupee grows 0.07% besides USD to 46.17
- Oil prices climbs to USD 81.34 a barrel
- Oil price resolves to USD 78.95 a barrel
