Today the New York market will be closed for a national day of mourning for former president Ronald Reagan. London's International Petroleum Exchange will open but will close early.
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Crude Prices Are Unpredictable
The crude prices Thursday were stable, reacting to the International Energy Agency's raising..
The crude prices Thursday were stable, reacting to the International Energy Agency?s raising its 2004 oil demand estimates, bringing petroleum bulls back into the market.
On NYMEX, after several days of losses, US light crude futures rose by 91 cents to $38.45 a barrel on the New York Mercantile Exchange. Meanwhile, on the London market, North Sea Brent rose by 47 cents to $35.76.
Some analysts suppose that price?s rally would not last a long time. Analysts said prices, which have fallen almost 14% from recent peaks, have stabilised ahead of today's US market holiday.
Today the New York market will be closed for a national day of mourning for former president Ronald Reagan. London's International Petroleum Exchange will open but will close early.
Today the New York market will be closed for a national day of mourning for former president Ronald Reagan. London's International Petroleum Exchange will open but will close early.
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