Home | Register | Login | Help | Forum | Log out
Agencies & Partnership
Company Directory
Our Global Network
About Us
Focus News Industry research Exhibition Regulation & Law Executive Talks
Search:
 
Home > Resources > News > Business > Biz_World
Crude prices jump on gov't energy report
POSTED: 9:37 a.m. EDT, October 10,2007

Crude-oil futures ended higher Tuesday amid concerns about heating-oil supplies ahead of seasonal demand.

Crude for November delivery ended up 1.24 dollars, or 1.6 percent, at 80.26 dollars a barrel on the New York Mercantile Exchange. The November contract closed with a 2.7 percent loss for Monday's regular session.

In a monthly report, the U.S. Energy Department's Energy Information Administration estimated that global demand for oil will be 1.8 million barrels a day higher in the fourth quarter than it was during the same period last year.

The report follows a prediction Thursday from the U.S. National Oceanic and Atmospheric Administration that temperatures in the United States will be 1.3 percent colder than last year.

According to the report, colder temperatures and higher fuel prices will force U.S. households to pay about 10 percent, or 88 dollars, more to heat their homes this winter.

From: xinhua
Print | Save
RELATED
Crude prices trade higher despite increase in U.S. inventories (2007-9-27 9:42:00)
Crude prices decline as refineries problem fixed (2007-8-29 11:39:00)
Crude prices rise on storm forecasts (2007-8-16 9:45:00)
Crude prices rebound as equities markets stabilize (2007-8-14 9:50:00)
Crude prices decline sharply (2007-8-7 9:19:00)
Crude prices decline after hitting new high (2007-8-2 9:09:00)
Crude prices set record close above $78 (2007-8-1 9:16:00)
Crude prices hit 11-month high (2007-7-20 9:45:00)
Crude prices settle above 75 dollars (2007-7-19 9:59:00)
Crude prices rise above 74 dollars (2007-7-17 9:56:00)
Crude prices rally on concerns about U.S. refining capacity (2007-7-7 9:30:00)
Crude prices top $72 on Nigerian concerns (2007-7-6 10:12:00)
Home - Shipping - Airfreight - Integration - Members - Resources - My Jctrans - Links
About Us - Help - Contact Us - Site Map
嶄猟利
Privacy Policy - Terms of Use
Copyright Notice 2000-2007 Jctrans.com Corporation and its licensors. All rights reserved.