Labels: SAPNRG
Petroleum related stock will rise when oil price rise
(Reuters) - Crude futures held steady in early Asian trade on Thursday after hitting a seven-week peak as violence in Syria revived geopolitical fears and as the U.S. Federal Reserve downplayed risks of a double-dip recession.
U.S. crude rose 6 cents to $89.93 a barrel by 0011 GMT, after touching $90.08 earlier -- the highest since May 30. The August contract, which expires on Friday, settled up 65 cents at $89.87 in the previous session.
Brent crude gained 26 cents to $105.42 a barrel, close to a seven-week top hit on Wednesday
2012-07-19 16:27
gajah
This analyst is good. He knows it's a gem when he sees one. But, I must say, he makes a buy call after two days of rises. We can figure this ourselves; it's just that people won't take notice!
2012-07-19 16:15