Oil market review: the "black gold" is growing after the release of statistics on the U.S.

Favorable macrostatistics on USA provided support for oil and petroleum products. The U.S. economic recovery will affect the growth of demand for "black gold," which cannot but make investors in energy assets happy.

 

At NYMEX crude oil rose $2.21 (2.7%) to $83.46 a barrel. In London Brent oil added 3.47% to reach $86.13 per barrel. Heating oil rose 3.6% to $2.3331 per gallon. The price of gasoline for January delivery rose 4.13% to $2.222 a gallon.

 

Trader's Journal

 

Leave a Reply

Back to top button