Light sweet crude settles at 107.42 a barrel
Market report notes light, sweet crude closes at 107.42 dollars per barrel as traders weigh supply data and global demand signals. The price move reflects ongoing volatility in the energy sector.
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Mar 10, 2012
Page
6
Market report notes light, sweet crude closes at 107.42 dollars per barrel as traders weigh supply data and global demand signals. The price move reflects ongoing volatility in the energy sector.
U S stocks finished fractionally higher after a strong jobs report raised hopes of a continued recovery while a Greece debt swap triggered CDS payouts. The Dow rose 14.08 to 12922.02, the S&P 500 gained 4.96 to 1370.87, and the Nasdaq added 17.92 to 2988.34 as traders weighed bank losses from Greece against improving hiring across sectors. Industry movers included Green Mountain plunging 16 percent after Starbucks said it will sell single cup machines, while Smith & Wesson leapt 23 percent on stronger quarterly results and guidance.
Athens clinches private creditors agreement to take about 105 billion euros in losses, sealing 83.5 percent participation and enabling a 130 billion euro rescue from the eurozone and IMF. PM Papandreou calls it historic as Greece nears markets revival and euro stability.
The ISDA ruled a Restructuring Credit Event occurred signaling CDS payouts to Greece, with total two billion in potential payments. Fitch downgraded Greece to restricted default as the bond swap nears completion while euro zone ministers authorized up to 35.5 billion euros in bailout funds.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.