Tag Archives: Demand

US WTI oil price rise to $72 on strong US demand data

Posted on June 2, 2010 by admin

US WTI oil prices hit $72 in trading on Thursday as the latest data showing a surge in US demand climbed almost seven percent over the past month the EIA said yesterday. US Light crude oil futures for July rose … Continue reading →

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Oil up 4pc and hold above $71 as US Demand Surge

Posted on May 29, 2010 by admin

Oil rose by almost 4 per cent on Wednesday to above $71 a barrel as signs of a strong recovery in US demand and a bounce in equity markets overshadowed rising crude stocks and lingering concerns about the euro zone … Continue reading →

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