Oil Advances Again Tuesday

March 22nd, 2011
in Background

OIL NORTH AFRICA Econintersect:  World oil prices advanced to approach recent highs for this cycle on Tuesday, March 22, 2011.  Spot prices were 1.6% higher in New York (WTI - West texas Intermediate - crude) and 1.4% higher in London (Brent crude).  The NYMEX futures contract increased nearly $1 more than the spot price for a 2.6% gain on the day.  Both London Brent crude spot prices and the NYMEZ futures have declined about 0.2% in after hours trading.  WTI crude spot oil does not trade after hours.

Follow up:

Details from Bloomberg:

  • WTI Cushing Spot            $104.oo    +1.6%
  • Dated Brent Crude           $115.83     +1.2%
  • NYMEX Crude Future    $104.97     +2.5%

Sources:  Bloomberg, GEI News, and The Oil Drum















Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.












 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved