January 10, 2013 at 18:05 PM EST
Oil Advances On Saudi Production Cut, China Data
Oil futures rose Thursday on news that top world oil exporter Saudi Arabia had cut back production in response to flagging demand, and after China reported strong demand for its exports. U.S. crude oil rose to a 16-week high of $94.70 a barrel before settling at $93.82, up 72 cents on the day. Brent crude rose as high as $113.29 a barrel before settling at $111.89, up 13 cents. OPEC's top producer slashed oil production by 700,000 barrels per day
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here