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Reuters Africa reports that Oil prices inched up by more than 1 percent to above $110 a barrel.
Reuters Africa reports that Oil prices inched up by more than 1 percent to above $110 a barrel.
The market news is quoted as saying:
The U.S. Energy Information Administration (EIA) said crude stocks in the world’s largest oil consumer fell by a surprise 2.2 million barrels last week, against analyst forecasts for a 800,000 barrel rise.
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| Commodities | |||
|---|---|---|---|
| Gold | 2344.53 | +0.88 | |
| Silver | 27.94 | +0.01 | |
| Copper | 4.32 | +0.06 | |
| Oil | 85.45 | -0.14 | |
| Heating Oil | 2.68 | +0.02 | |
| Natural Gas | 1.77 | +0.01 | |
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