Welcome to in-en.com! AddFavorite    Make your home page    Chinese    English
 
Search:
 
Advertisement
Total
Greatwall Drilling Company (GWDC)
Weekly Article Rank
Home -> News Center -> Oil
Crude prices refresh records on weak dollar
in-en.com  2008-3-15 14:58:27  

- +

Crude oil futures refreshed record highs Thursday on the weakening U.S. dollar.

Light, sweet crude for April delivery was up 41 cents to 110.33 dollars a barrel on the New York Mercantile Exchange after hitting111 dollars a barrel.

April Brent crude on the ICE futures exchange settled 1.27 higher at 107.54 dollars a barrel.

Crude has gained 18 percent in a rally driven largely by the weak dollar recent weeks, while many analysts believe crude prices have detached from the fundamental state of oil supply and demand.

Other energy futures traded mixed. April gasoline futures settled 4.58 cents, or 1.7 percent, lower at 2.6828 dollars a gallon. Heating oil settled 10.04 cents, or 3.3 percent, higher at3.1248 dollars a gallon.


 
Author:Xinhua  From:Xinhua  Edit:fenghua
[Back] [Print]
Previous:Oil May Fall as Supplies Rise, Demand Wanes, Survey Shows
Next:Russia's Gazprom, Ukraine reach agreement on gas deliveries
Hot Topic of the Day
· China newsletter reports cut in coal export quotas
· China Coal Energy jumps more than 40ге on debut
· Guangdong to build nation's largest off-shore wind
· China reports drops in energy consumption, polluti
· Inland N-power station
· Oil Trades Near Record on OPEC Output, Colombia Pi
· China completes reconstruction of all ice-havoced
· Power networks restored
· Premier Oil Says Profit Fell 42 Percent on Oil-Hed
· China exports six percent more coke in 2007
Advanced Control Systems
 
Commend Article Rank
· Newcastle Coal Price Falls to 9-Week Low on Holida
· CTL plants proliferate as China taps vast coal res
· Coal, iron ore shipping rates rise to record for a
· Prudential Buys Stake in U.K. Wind Power Owner Zep
· China to build Asia's largest coal chemical base t
· Eskom Says South African Power Outages Will Worsen
· Exxon Project May Lead Australian Region LNG, JPMo
· Saudi Aramco Raises December LPG Prices to Record
· China Raises Coal Prices for South Korea Above Jap
· Newcastle Coal Price Reaches Record for Fifth Week
About us | Contact | Copyright © 2007 IN-en.com. All rights reserved.