Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
Crude futures retreat as U.S. dollar rebounds
+ -
08:26, April 25, 2008

 Related News
 Crude futures rise slightly on supply concerns
 Crude futures close above 117 dollars for first time
 Crude prices plunge on negative economic data
 Crude futures set another record above 80 dollars
 Comment  Tell A Friend
 Print Format  Save Article
Crude prices retreated Thursday as the U.S. dollar rebounded against euro.

The dollar rose against the 15-nation single currency Thursday giving investors a chance to lock in profits from oil's recent record run.

The dollar has an inverse relationship to the price of a barrel of crude. Crude prices surged toward 120 dollars a barrel early this week due to the weak dollar and supply concerns.

On Thursday, light, sweet crude for June delivery fell 2.24 dollars to 116.06 a barrel on the New York Mercantile Exchange.

In London, June Brent crude futures slid 2.12 dollars to 114.34a barrel on the ICE Futures exchange.

Source: Xinhua



  Your Message:   Most Commented:
Chinese netizen discussion of"boycott on French goods"
What is Nancy Pelosi really up to?
Dalai's brag about "peace", "non-violence" is nothing but lie
FM: China strongly denounces CNN host's insulting words
"A slap in face" to Paris itself

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90864/6398770.pdf