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Oil Advances at 0.91%
NEW YORK – Oil futures rose in the United States this Tuesday as investors bet the Fed will agree new stimulus to the economy and the oil inventory data show a fall. Hopes that Greece achieves a...
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EU Oil Gained 2.26%
NEW YORK – Oil futures closed up over 2% on Wednesday in a volatile session, despite the mixed message from the U.S. Federal Reserve that could choose to further monetary easing policy, but only if...
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China Raises Oil Prices in EU
NEW YORK – Oil futures in the U.S. closed higher on Friday with a third day, and rose in the week over 3% due to the fact of China’s GDP in the second quarter was not as bad as some sectors feared...
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Oil Rises Fed Boost
NEW YORK – The chairman of the U.S. Federal Reserve, Ben Bernanke, may or may not provide more clues about a possible third round of bond purchases (QE3) in his speech at Jackson Hole next week. But...
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