Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
07 October, 2015 05:41 IST
Oil settles at USD 93.12 a barrel
Source: IRIS | 03 Jan, 2013, 07.58AM
Comments  |  Post Comment

The price of oil jumped Wednesday on the first trading day of the new year, after a deal in Washington averted the dreaded ''fiscal cliff''.

Benchmark crude for February delivery rose USD 1.30 to finish the first trading day of the year at USD 93.12 a barrel on the New York Mercantile Exchange. Brent crude, used to price various kinds of international oil, rose USD 1.36 to end at USD 112.47 a barrel on the ICE Futures exchange in London.

In other energy futures trading on the New York Mercantile Exchange, wholesale gasoline rose 3 cents to finish at USD 2.80 a gallon, heating oil added a penny to end at USD 3.05 a gallon, natural gas fell 12 cents to finish at USD 3.23 per 1,000 cubic feet.

Comments Post comment 
 Post Comment
Name Email
Security Code type    into this box
Related Articles
Reliance Industries allots equity shares - 06-Oct-2015 19:06
Phoenix Mills acquires majority stake in Gangetic Hotels - 06-Oct-2015 18:24
Tata Power SED & BlackBerry arm to jointly develop secured communications system - 06-Oct-2015 17:26
IL&FS, GIFTCL partner with Siemens to develop smart mobility solutions - 06-Oct-2015 16:47
3i Infotech allots 40,016 shares against FCCB conversion - 06-Oct-2015 16:41
PTC India appoints Kalyan Sridhar as India country manager - 06-Oct-2015 16:36
HCC becomes India's first 'Water Positive' infra company - 06-Oct-2015 15:46
New Millennium Iron reviews agreement with Tata Steel unit - 06-Oct-2015 12:35
NIIT launches digital learning initiative '' - 06-Oct-2015 10:52
HDFC reduces retail prime lending rate by 25 bps - 06-Oct-2015 10:31
Suzlon bags repeat order from Orange Renewable for 100.8 MW - 06-Oct-2015 10:23
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer