On Thursday, oil prices were somewhat lower. After dropping during European trading, they assembled on reports that contained good news on the U.S. jobs front before leveling off.
On the New York Mercantile Exchange, Benchmark crude for September delivery fell 8 cents to USD 82.47 a barrel in early trading. The price has been at levels not seen since May for three successive days in spite of abundant supplies or oil in storage and weak demand for gasoline and other refined products.
In other Nymex trading in September contracts, heating oil rose 0.22 cent to USD 2.2022 a gallon, gasoline lost 1.85 cents to USD 2.1750 a gallon and natural gas added 9.8 cents to USD 4.737 per 1,000 cubic feet.
On the ICE Futures exchange, in London, Brent crude fell 48 cents to USD 82.68 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).
- Oil prices fall to 80.25 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
- Oil prices climb to USD 78.36 a barrel
