World Oil Prices Rise on Strengthening U.S. Economy
The price of oil on world commodity exchanges was growing Tuesday morning on news the economy in the United States is gaining strength, a fact experts believe will lead to increased demand for fuel.
The price of a September futures contract for WTI light sweet crude in electronic trading on Nymex was up 1 cent to $81.49 a barrel by 7:00 Moscow time. The price of a September futures contract for North Sea Brent blend has risen 6 cents to $81.05 in London.
Oil prices climbed the day as the U.S Federal Reserve met to adopt a decision on stimulating the U.S. economy. September WTI contracts rose 78 cents to $81.48 a barrel, while September Brent contracts grew 83 cents to $80.99.
Copyright 2010, Golos Rossii. All rights reserved.
The price of a September futures contract for WTI light sweet crude in electronic trading on Nymex was up 1 cent to $81.49 a barrel by 7:00 Moscow time. The price of a September futures contract for North Sea Brent blend has risen 6 cents to $81.05 in London.
Oil prices climbed the day as the U.S Federal Reserve met to adopt a decision on stimulating the U.S. economy. September WTI contracts rose 78 cents to $81.48 a barrel, while September Brent contracts grew 83 cents to $80.99.
Copyright 2010, Golos Rossii. All rights reserved.
See all » Events
Subscribe Current Issue
Spring-Summer 2018
REAM-RTI Wire Mesh Filter Technology Boosts Efficiency of Artificial Lift
KNPC and Honeywell UOP: Challenges and opportunities of an FCC revamp
U.S. Shale’s Battle Droids March On and Take No Prisoners
Popular
Top videos
- 1. How SPE's 2018 President Sees Year Ahead
- 2. NOV Flagship Plant in Kostroma Manufacturers Drilling Rigs and Downhole Drilling Tools for Russia
- 3. Russian Oil&Gas Industry Week and NEFTEGAZ 2016
- 4. Transportation And Logistics Group Transoil
- 5. Rosemount Level Switch is Ideally Suited to Critical Overfill Applications
