Oil Futures Settle Notably Higher

Futures Settle Notably Higher Nachrichten

Oil Futures Settle Notably Higher
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WASHINGTON (dpa-AFX) - Oil prices climbed higher on Monday as concerns about tight supply outweighed demand outlook. A weak dollar contributed as well to the rise in oil prices.The dollar is weak

WASHINGTON - Oil prices climbed higher on Monday as concerns about tight supply outweighed demand outlook. A weak dollar contributed as well to the rise in oil prices.

Chinese industrial production and retail sales grew less than expected in August, home prices fell at the fastest pace in nine years and unemployment rose, adding to concerns over economic recovery and bolstering the case for additional economic stimulus. Libyan exports slumped to a rate of roughly one cargo being shipped every two to three days, compared with a tanker every day or two at the start of the month, as United Nations-led talks failed to break an impasse over control of the central bank.Copyright RTT News/dpa-AFX© 2024 AFX NewsSondersituation: Vervielfachungschance bei diesen GoldaktienDer Goldpreis haussiert und schwingt sich von Hoch zu Hoch.

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