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:
 
Oil prices rise on U.S. inventory report
POSTED: 9:25 a.m. EDT, September 7,2007

Energy futures rose Thursday after U.S. government reported a surprisingly large drop in oil inventories.

Prices slipped from earlier gains that followed unsettling news from abroad. Syrian armed forces said they opened fire on Israeli fighters that allegedly violated Syrian airspace, and the U.S. embassy in Nigeria warned that American and other Western interests in the country are at risk of a terrorist attack.

The New York benchmark contract, light sweet crude for October delivery, rose 57 cents to close at 76.30 dollars a barrel after trading as high as 77.43 dollars.

In London, the price of Brent North Sea crude for October delivery advanced 43 cents to settle at 74.77 dollars per barrel, after earlier hitting 75.70 dollars.

The U.S. Energy Information Administration revealed Thursday that U.S. crude reserves fell by 3.9 million barrels in the week ending Aug. 31.

From: xinhua
Print | Save
RELATED
Oil prices rise on storm, drop in U.S. inventories (2007-9-6 9:01:00)
Oil prices rise as Qatar excludes hike to OPEC output (2007-9-5 9:15:00)
US, China tackle food safety issues (2007-9-3 10:11:00)
Oil prices mixed on surprise increase in U.S. crude reserves (2007-8-23 17:03:00)
Oil prices drop below 70 dollars (2007-8-22 10:28:00)
Growing global economy, political tensions cause higher oil prices (2007-8-6 9:33:00)
Los Angeles backs nonstop flights between U.S., China (2007-8-2 9:20:00)
China bans poultry imports from Germany, Czech, Virginia of US, swine products.. (2007-7-26 9:41:00)
OPEC weekly oil prices drop from this year's high (2007-7-3 10:50:00)
Oil prices pass US$67 a barrel (2007-6-15 11:28:00)
Oil Prices fell by End of Nigerian Oil Strike (2007-5-29 11:09:00)
Oil Prices Up after US Report Shows Gas Stock Rises (2007-5-24 16:30:00)
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.