Light crude settles at sixty point nine four a barrel
The price of light crude finished the day at 60.94 dollars per barrel marking a modest move for the commodity. Traders weighed supply data and global demand expectations as markets closed.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 12, 2014
Page
15
The price of light crude finished the day at 60.94 dollars per barrel marking a modest move for the commodity. Traders weighed supply data and global demand expectations as markets closed.
U.S. markets edged higher after November retail sales rose 0.7 percent, lifting the Dow to 17,596.34 and the S&P 500 to 2,035.33 while oil prices slipped beneath 60 dollars a barrel. Energy stocks fluctuated as lower oil prices helped consumers but hurt energy firms, with Nabors, Transocean and Chesapeake among decliners. LendingClub surged on its IPO debut.
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