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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 05, 2013
Page
13
The benchmark light sweet crude finished trading at 93.28 dollars per barrel as market activity steadied after earlier volatility. Analysts cited supply cues from producers and steady demand for a cautious week ahead.
In New York the markets dropped on hints the Fed may ease asset purchases soon. Esther George of the Kansas City Fed signaled slowing bond-buying as a next step, triggering volatility before a late uptick to small losses. Investors await Friday’s employment data and weigh rates, bonds, and stocks.
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