Light Sweet Crude Settles at 95.02 a Barrel
Oil markets closed with light sweet crude priced at 95.02 per barrel as traders gauge demand and supply conditions. Investors monitor inflation data and geopolitical factors impacting energy prices.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jun 26, 2013
Page
16
Oil markets closed with light sweet crude priced at 95.02 per barrel as traders gauge demand and supply conditions. Investors monitor inflation data and geopolitical factors impacting energy prices.
U.S. housing recovery strengthens with rising home prices and sales. Factory orders and consumer confidence improve while Fed plans to slow bond purchases, keeping rates low. Dow gains as housing and stock markets rise, signaling possible acceleration in growth into late year.
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