Page 25 - Texas Intermediate News Today

LONDON: Oil prices perked up in mute trade owing to public holidays in Britain and United States after a downbeat...

Currency settles at 278.3 against greenback in inter-bank market

Asian and European stock markets rose Monday in holiday-thinned trading, with investors awaiting fresh US and European inflation data for more clarity on the outlook for interest rates.

LONDON :Oil prices perked up in muted trade owing to public holidays in Britain and United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract was up 76 cents at $82.88 a barrel by 1411 GMT. The more active August co

LONDON: Oil prices perked up in mute trade owing to public holidays in Britain and United States after a downbeat...

The Brent crude contract rose by 76 cents to $82.88 per barrel by 1411 GMT, while the more active August contract increased by 80 cents to $82.64. U.S. West Texas Intermediate (WTI) crude futures climbed by 78 cents to $78.50.

As of 12:10 p.m. ET (1610 GMT), the Brent crude July contract increased by 99 cents, reaching $83.11 per barrel. The more actively traded August contract rose by $1.08 to $82.92. Meanwhile, U.S. West Texas Intermediate (WTI) crude futures climbed $1.06, reaching $78.77 per barrel.

HOUSTON: Oil prices rose by more than $1 per barrel in muted trade owing to public holidays in Britain and the...

THE Department of Energy (DOE) yesterday called on the consumers in Luzon to minimize use of electricity following the substantial decrease of available po...

HOUSTON :Oil prices rose over 1 per cent in muted trade owing to public holidays in Britain and the United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract settled $1, or 1.2 per cent higher at $83.12 a barrel. Th