Crude Oil Gains a Second Day in London Amid Middle East Unrest

Energy Investing

Bloomberg reports that oil in London rose for a second day as civil unrest spread from Egypt to crude-producing countries in the Middle East.

Bloomberg reports that oil in London rose for a second day as civil unrest spread from Egypt to crude-producing countries in the Middle East.

The market news is quoted as saying:

U.S. crude inventories nationwide probably advanced 2.5 million barrels, or 0.7 percent, in the seven days to Feb. 11 from 345.1 million a week earlier, according to the median estimate of 10 analysts surveyed by Bloomberg News.

Click here to access the entire news

The Conversation (0)
×