Crude prices rose slightly on Wednesday as traders kept a close eye on Greece\'s debt problems ahead of energy inventory data and an interest rate decision from the key oil consumer the United States. New York\'s main contract, light sweet crude for delivery in December, gained 17 cents to $92.36 a barrel. Brent North Sea crude for December delivery rose 28 cents to $109.82 approaching midday in London. Crude futures had fallen on Tuesday after Greece\'s shock call for a referendum on the latest EU bailout plan revived fears of a Greek default that could sap the global economy and, in turn, demand for oil. German Chancellor Angela Merkel and French President Nicolas Sarkozy have summoned Greek Prime Minister George Papandreou for talks on Wednesday after his referendum plan raised the spectre of Greece\'s exit from the euro. Also on Wednesday, the US government provides the latest weekly snapshot of energy inventory levels in the world\'s biggest oil consumer. The Federal Reserve meanwhile gives an update on its interest rate intentions.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrelMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor