Crude Oil Rises as Leading Indicators Index Gains by Most in Eight Months
Oil gained 0.4 percent on the U.S. report and one that showed German business confidence unexpectedly climbed to a record in December. U.S. fuel consumption jumped 6.5 percent in November from a year earlier, according to a report today from the American Petroleum Institute, Read More...
OIL FUTURES: Oil Ends Higher; Focus On Strengthening Economy
Crude oil futures finished higher Friday, as signs of economic improvement helped boost the case for pricier oil. Light, sweet crude for January delivery settled up 32 cents, or 0.4%, at $88.02 a barrel on the New York Mercantile Exchange. Prices earlier fell as low as $87.01 in morning trading in New York. Brent crude on the ICE futures exchange settled up 7 cents, or 0.1%, at $91.67 a barrel. Read More...
A Peek Into The Market Before The Trading Starts
US stock futures are lower this morning, as investors are awaiting data on leading indicators. Moody's Investors Service downgraded Ireland's credit rating by five notches. Futures for the Dow Jones Industrial Average fell 12 points to 11,419.00, while those for the S&P 500 lost 2.10 points to 1,236.40. Futures for the Nasdaq 100 moved down 3.50 points to 2,215.75. Read More...
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