Sunday, January 13, 2013

Crude oil futures - Weekly outlook: January 14 - 18

 Crude oil futures ended Friday’s session lower, retreating from a four-month high after data showing growing inflation pressure in China dampened hopes for fresh stimulus from the world's second largest oil consumer.

On the New York Mercantile Exchange, light sweet crude futures for delivery in February declined 0.1% Friday to settle the week at USD93.72 a barrel by close of trade. Continue Reading...

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