Related News
Oil falls on US unemployment claims data
Source: Agencies |
February 1, 2013, Friday
|
Online Edition
Online Edition
THE price of oil fell Thursday as US unemployment claims rose more than expected.
Benchmark oil for March delivery fell 45 cents to close at US$97.49 a barrel on the New York Mercantile Exchange.
Oil is still rose more than US$5 for the month of January, giving it the biggest monthly increase since August.
The government said the number of Americans seeking unemployment aid rose sharply last week, although it remained at a level consistent with moderate hiring. Traders will get a further indication about the strength of the jobs market Friday, when the Labor Department issues the closely followed monthly nonfarm payrolls report.
Brent crude, used to price international varieties of oil, rose 65 cents to US$115.55 a barrel on the ICE Futures exchange in London.
In other energy futures trading on Nymex:
- Wholesale gasoline lost 1 cent to US$3.03 per gallon.
- Natural gas was flat at US$3.24 per 1,000 cubic feet.
- Heating oil rose 1 cent to US$3.13 a gallon.
Benchmark oil for March delivery fell 45 cents to close at US$97.49 a barrel on the New York Mercantile Exchange.
Oil is still rose more than US$5 for the month of January, giving it the biggest monthly increase since August.
The government said the number of Americans seeking unemployment aid rose sharply last week, although it remained at a level consistent with moderate hiring. Traders will get a further indication about the strength of the jobs market Friday, when the Labor Department issues the closely followed monthly nonfarm payrolls report.
Brent crude, used to price international varieties of oil, rose 65 cents to US$115.55 a barrel on the ICE Futures exchange in London.
In other energy futures trading on Nymex:
- Wholesale gasoline lost 1 cent to US$3.03 per gallon.
- Natural gas was flat at US$3.24 per 1,000 cubic feet.
- Heating oil rose 1 cent to US$3.13 a gallon.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
