Oil goes up as Isaac reduces output

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Source: Bloomberg
Oil futures went up in New York on reduction in output in the Gulf of Mexico as the result of Tropical Storm Isaac and due to speculations about decrease in U.S. supplies. Petroleum prices for October delivery gained 72 cents, a 0.8 per cent increase, to $96.19 a barrel on the New York Mercantile Exchange's Comex division.
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Tue, 28 Aug 2012 19:45:07 GMT

Natural gas pushed higher on Tuesday

Natural gas futures pushed higher on Tuesday, August 28, bouncing from an eight-week low, as the U.S. National Hurricane Center said that Isaac could become a hurricane. Soon after the news, natural gas futures with October contract inched 0.3 per cent higher to $2.682 a million British thermal units. Still gains were limited by growing concerns over the U.S. possible expansion of inventory levels.

Tue, 28 Aug 2012 20:18:08 GMT

Euro gains comparing to Dollar

The single european currency ticked higher versus the greenback on Tuesday on expectations of Eurozone's recovery led by the European Central Bank and Federal Reserve easing policy. The Euro went up to $1.2567, a 0.5 per cent increase.

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