Oil above 88 $/b

Pubblicato: ottobre 18, 2011 da Trading Warrior in Commodities, Eni, Petrolio, PiazzaAffari, Saipem, Tenaris

Oil ends above $88 at a four-week high (Marketwatch.com)
Crude-oil futures closed above $88 a barrel Tuesday for the first time in four weeks, buoyed by strength in U.S. stocks, which gained ground on earnings from some bellwether firms and comments from Europe on a bank recapitalization plan. November crude CL1X +2.22% rose $1.96, or 2.3%, to close at $88.34 a barrel on the New York Mercantile Exchange. That was the highest closing level for crude futures since Sept. 15. Heating oil and gasoline prices finished little changed, but November natural gas NG11X -3.69% fell 14 cents to finish at $3.55 per million British thermal units.


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