Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Oil rises above $99 in Asia as stock markets gain

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
 
Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 08:18 AM
Original message
Oil rises above $99 in Asia as stock markets gain
Source: AP-Excite

BANGKOK (AP) - Oil prices rose above $99 a barrel Monday in Asia, taking a cue from gains in stock markets after a strong start to the U.S. holiday shopping season.

Benchmark crude for January delivery was up $2.49 to $99.30 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose 60 cents to settle at $96.77 on Friday.

In London, Brent crude was up $2.13 at $107.99 on the ICE futures exchange.

Oil took its cue from Asian and European stocks, which were mostly higher Monday after record 226 million shoppers visited stores and websites during the four-day U.S. holiday weekend starting on Thanksgiving Day. That was up from 212 million last year, according to early estimates by The National Retail Federation.

Read more: http://apnews.excite.com/article/20111128/D9R9KSM80.htm...
Refresh | 0 Recommendations Printer Friendly | Permalink | Reply | Top
onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 10:11 AM
Response to Original message
1. Time to fill the tank before the station adjusts. nt
Printer Friendly | Permalink | Reply | Top
 
iandhr Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 10:41 AM
Response to Original message
2. 3% loss one day...
... 3% gain the following day. The markets can't seem to make up their minds.
Printer Friendly | Permalink | Reply | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Mon Apr 21st 2014, 06:02 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC