Thursday, March 21, 2013

U.s. Economic Data The Oil Cheer

Data Ekonomi AS Ceriakan Minyak

Monexnews-oil futures traded higher on Thursday, with investors who consider the outlook for the market as the US economic data is positive and the diperkiraan low global oil demand growth.

Worries on China and the growth of the global economy in general have put pressure on oil, said Tom Essaye, editor at 7: 00 Report, which provides daily commentary about market equities and commodities and economies.

"But with us economic data should be the plus offers support on oil prices," he said. " While this is a momentum on the trade, and I think economic growth will be the catalyst for oil to be higher again.

For the moment the oil moving in the range of the highest priced at 92.80 93.01 and lowest price din 92.00.

(fsyl)



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Title Post: U.s. Economic Data The Oil Cheer
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Author: Mohammad Zulfi Satriawan

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