Oil Prices Mixed In Asian Trade
November 11, 2009 by Trend PK
Filed under World News
Oil Prices Mixed In Asian Trade: Crude prices were mixed in Asia on Wednesday as oil operations resumed in the Gulf of Mexico and following forecasts of a rise in world oil consumption next year, analysts said. New York’’s main contract, light sweet crude for December delivery, gained nine cents to 79.14 dollars a barrel. Brent North Sea crude for December delivery fell 10 cents to 77.40 dollars a barrel.
Oil Prices Mixed In Asian Trade:Crude prices were mixed in Asia on Wednesday as oil operations resumed in the Gulf of Mexico and following forecasts of a rise in world oil consumption next year, analysts said.
New York’’s main contract, light sweet crude for December delivery, gained nine cents to 79.14 dollars a barrel. Brent North Sea crude for December delivery fell 10 cents to 77.40 dollars a barrel.
The market also looked to the US Energy Information Administration (EIA) late Tuesday saying that demand for black gold would rise next year, analysts said.