01-Oct-2010 12:05 PM
Oil rallies 4% as stockpiles decline - Friday Fuel Watch
Analysis
A second week of declines in crude oil stocks has prompted a rally in the oil price, with WTI crude trading near USD80 per barrel and North Sea Brent crude pushing past the psychological barrier. Crude prices are trading near a two-month high, with a weak US dollar making commodity investments more attractive. Prices have been trading in the low USD70-75 per barrel range for most of Sep-2010.
Read More
This CAPA Analysis Report is 446 words.
You must log in to read the rest of this article.
Got an account? Log In
Create a CAPA Account
Get a taste of our expert analysis and research publications by signing up to CAPA Content Lite for free, or unlock full access with CAPA Membership.
| Inclusions | Content Lite User | CAPA Member |
|---|---|---|
| News | ||
| Non-Premium Analysis | ||
| Premium Analysis | ||
| Data Centre | ||
| Selected Research Publications |