Oil futures on Monday finished at their highest level in almost two weeks on expectations that China may take actions to stimulate its economy, which might help boost energy demand.November West Texas Intermediate crude CLX5, -0.04% settled at $46.26 a barrel on the New York Mercantile Exchange, up 72 cents, or 1.6%, after touching a high near $47 a barrel. Monday’s settlement price was the highest since Sept. 22, according to data from FactSet.
November Brent crude LCOX5, +0.14% on London’s ICE Futures exchange rose $1.12, or 2.3%, to $49.25 a barrel—the highest settlement in over a week.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
0 comments:
Post a Comment