Topic: Ellis Eckland
Oil prices retreated Monday on a strong dollar after surging to the highest level in 18 months."The United States' better-than-expected revised GDP numbers on Friday helped build confidence," said ODL analyst Marius Paun.The US Commerce Department on Monday reported that ...
Oil prices bounced higher Monday, buoyed by improved optimism about recovery from global recession that also lifted stock markets.New York's main futures contract, light sweet crude for delivery in August, added 42 cents to close at 63.98 dollars a ...
Oil prices rose to the highest levels in about a month in thin trading Friday amid expectations that the recession-struck US economy may have hit bottom.New York's main contract, light sweet crude for June, ended at 53.20 dollars per ...
