The Conversation (0)
- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Top Stocks
Top Resource Stocks
Top Tech Stocks
Top Life Science Stocks
Trending
Trending Articles
Trending Press Releases
Trending Companies
Trending Reports
Resource
Popular Lists
Investing Ideas
Outlook Reports
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
Investing Guides
Tech
Popular Lists
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
Investing Ideas
Outlook Reports
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
Investing Guides
Life Science
Popular Lists
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
Outlook Reports
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Investing Guides
US Jobs Data, ECB Plans and Inventory Drop Bring Crude Up
Sep. 06, 2012 12:25PM PST
Oil and Gas InvestingReuters reported that a drop in US crude oil inventories to 7.43 million barrels, positive US jobs data and news that the European Central Bank plans to launch a new bond-buying program combined to push oil prices higher.
Reuters reported that a drop in US crude oil inventories to 7.43 million barrels, positive US jobs data and news that the European Central Bank plans to launch a new bond-buying program combined to push oil prices higher.
As quoted in the market news:
Brent October crude rose 79 cents to $113.88 a barrel by 1:37 p.m. EDT (1737 GMT), having reached $115.15.
U.S. October crude was up $1.02 to $96.38 a barrel, under the 200-day moving average of $96.63. It earlier reached $97.71, a penny below the August 27 intraday high.
Total Brent crude trading volume was 11 percent above the 30-day average, outpacing U.S. crude turnover that lagged its 30-day average by 2 percent.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â