Oil prices increase to USD 53.65 per barrel
Regional, Economics, 10/14/2004

The price of crude oil in New York increased to $ 53.65 half an hour from closing the dealing session in the futures market, recording a new increase.

Fears of investors over the US storage level is still there. The price of one barrel of crude light oil increased by $ 1.14 after the price of one barrel of crude oil, delivery of November reached $ 53.95.

On the other hand, investors competed to achieve financial gains of fears that the growing increase in oil price will lead to increasing prices of commodities especially services.

Previous Stories:
  Arab tourists flow represents 17 percent of Morocco's tourist revenues   (10/13/2004)
  Arab Business Forum final recommendations in Amman   (10/13/2004)
  Washington: The Arab states are committed to the reduce oil prices   (10/11/2004)
  Oil exceeds $ 53 a barrel   (10/9/2004)
  New records in oil price: $ 52 for one barrel, increase expected   (10/7/2004)

Please add a link on your webiste pointing to ArabicNews.com and bookmark ArabicNews.com & subscribe to our daily email news bulletin.

Search