Monday, November 3, 2014

Crude Oil Prices Mixed in Asian Trade

Singapore(Sharemasterindia.com): Oil prices were mixed in Asia on Monday as dealers focused on a slew of global manufacturing data for clues about demand growth, while a strong dollar capped any gains, analysts said.
US benchmark West Texas Intermediate (WTI) for December delivery fell four cents to $80.50 while Brent crude for December was up four cents at $85.90 in mid-morning trade.
“The focus right now is on the manufacturing data to be released. We are looking for signs of industrial growth, which will in turn mean greater crude demand,” Daniel Ang, investment analyst at Phillip Futures in Singapore, told AFP.
Continue Reading

No comments:

Ace Investment Advisory - Latest News

Subscribe Now: Feed Icon

Share Tips,Nifty Future Tips,BSE,NSE Indian Stock Headline Animator