Saturday, March 16, 2013

Oil near $ 90.50 contract Related Supplies

Kontrak Minyak Dekat $90.50 Terkait Persediaan

Monexnews-contract for crude oil remained near $ 90.50 a barrel Thursday, after weakening in the previous session on U.S. data that shows related to the high inventory, partly reflects the hope after improving data on the workforce in February from the private sector of the workforce.

Investors will await the ECB policy meeting, when the central bank will probably give a signal when trimming interest rates further economic stimulus.

The crude oil contract rose 1 cent to $ 90.44 a barrel. At the previous session the price closed 42 cents lower at $ 90.43 after moving between stable $ 99.50 and $ 91.17.

Brent oil contract before last down 55 cents at $ 111.06 per barrel after trading between $ 125 and $ 110.46.

The crude oil inventory increase while imports drop, level and oil refineries to process oil down as fewer, said the Energy Information Administration indicated on Wednesday.

(AR)



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Title Post: Oil near $ 90.50 contract Related Supplies
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Author: Mohammad Zulfi Satriawan

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