Saturday, 4 April 2015

Oil drops on bets Iran pact may lead to greater supplies


Image result for crude oil

Oil futures settled sharply lower on Thursday with traders betting that a preliminary deal on Iran’s nuclear program will only add to excess supplies that have been weighing on prices.

Ahead of Friday’s holiday for the energy markets, May crude CLK5, -1.12%  fell 95 cents, or 1.9%, to settle at $49.14 a barrel on the New York Mercantile Exchange. Prices, which tapped an intraday low of $48.11 on Thursday, settled about 0.6% higher than last Friday’s close.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my KLSE, KLSE exchange, KLSE Malaysia, KLSE stock Market, KLSE stock picks, KLSE Stock Recommendations, malaysia KLSE Stock market, Malaysia latest news update

No comments:

Post a Comment