• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Oil and Gas Market
    Oil and Gas News
    Oil and Gas Stocks
    • Oil and Gas Market
    • Oil and Gas News
    • Oil and Gas Stocks
    market news

    Oil Rises on German Acceptance of Spanish Bailout

    Charlotte McLeod
    Oct. 16, 2012 04:24PM PST
    Oil and Gas Investing

    Bloomberg reported that oil rose on the NYMEX following news that German officials have reduced their resistance to a Spanish bailout.

    Bloomberg reported that oil rose on the NYMEX following news that German officials have reduced their resistance to a Spanish bailout.

    As quoted in the market news:

    Crude oil for November delivery increased 24 cents to $92.09 a barrel on the New York Mercantile Exchange, the highest settlement since Oct. 9. Prices are down 6.8 percent this year.

    Brent oil for November settlement dropped 73 cents, or 0.6 percent, to $115.07 a barrel on the London-based ICE Futures Europe exchange. The contract expires today. The December futures slipped 40 cents, or 0.3 percent, to $114.

    Click here to read the full Bloomberg report.

    market newseurope
    The Conversation (0)

    Go Deeper

    AI Powered

    Oil Market Update (June 26, 2012)

    Oil Dropped to $79.21

    Latest News

    CORRECTED: CHARBONE Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing

    CORRIGE: CHARBONE Hydrogene acquiert des actifs de production d'hydrogene et cloture une premiere tranche d'un financement par placement prive de 1 M$

    Alvopetro Announces August 2025 Sales Volumes

    Charbone Hydrogen is Acquiring Hydrogen Production Assets and Closing a First Tranche of $1M Private Placement Financing

    Charbone Hydrogene acquiert des actifs de production d'hydrogene et cloture une premiere tranche d'un financement par placement prive de 1 M$

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×