Home

 
India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading

IBCRR

Forex Brokers

Technicals

Precious Metals Trading

Economic Data

Commodity Futures Trading

Fixes

Live Forex Charts

Charts

World Gold Prices

Reports

Forex COMEX India

Contact Us

Chat

Bullion Trading Bullion Converter
 

$ Price :

 
 

Rupee :

 
 

Price in RS :

 
 
Specification
  More Links
Forex NCDEX India

Contracts

Live Gold Prices

Price Quotes

Gold Bullion Trading

Research

Forex MCX India

Partnerships

Gold Commodities

Holidays

Forex Currency Trading

Libor

Indian Currency

Advertisement

 
RTE:Oil price rises to near $94 as euro gains
 
The price of oil rose as the dollar fell against the euro following weak US jobs data.
Benchmark oil for May delivery was up 24 cents to $93.60 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange.
The contract rose 66 cents to finish at $93.36 a barrel on the Nymex yesterday.
Analysts attributed the rise in oil prices to the rebound of the euro against the dollar.
A weaker dollar makes oil, which is traded in dollars, more affordable for investors holding other currencies.
The US Labor Department issued a monthly jobs report Friday that surprised analysts with its weakness.
The gain of 88,000 jobs in March was the smallest in nine months. Other data showed an increased in claims for unemployment benefits.
Brent crude, which sets the price of oil used by many US refineries to make gasoline, was up 43 cents to $105.09 per barrel on the ICE Futures exchange in London.
Source