英语资讯
News

英语文摘:Oil rallies on weakening dollar, cold weather

Source:  Onion  2010-02-10   English BBS   Favorite  

NEW YORK, Feb. 9 (Xinhua) -- Oil prices gained ground on Tuesday as a falling dollar and extreme wintery weather boosted the market sentiment.

The dollar continued to weaken against the euro and touched new lows in more than two months on Tuesday, after European Union signaled aid for Greece. A falling greenback usually increases the appeal of crude as an alternative investment.

Meanwhile, below-normal temperatures will stretch from Texas to New England from Feb. 14 to Feb. 22, according to the U.S. National Weather Service's Climate Prediction Center. Heating oil surged on an upbeat consumption outlook and pushed crude higher as well.

Light, sweet crude for March delivery rose 1.86 U.S. dollars to settle at 73.75 dollars a barrel on the New York Mercantile Exchange.

In London, Brent crude for March delivery rallied 2.02 dollars to 72.13 dollars a barrel on the ICE Futures Exchange.


将本页收藏到:
上一篇:英语文摘:Rate of inflation "still low"
下一篇:英语文摘:Obama calls for U.S. bipartisan agreement on jobs, deficit
最新更新
论坛精彩内容
网站地图 - 学习交流 - 恒星英语论坛 - 关于我们 - 广告服务 - 帮助中心 - 联系我们
Copyright ©2006-2007 www.Hxen.com All Rights Reserved