Crude oil prices mixed in Asia as market awaits policy measures on Europe, USA

31-Jul-12
Oil prices were mixed in Asian trade as investors await further measures by policymakers to boost the ailing Euro zone and US economy, as per PTI. New York’s main contract, light sweet crude for September delivery eased to US$90 a barrel while Brent North Sea crude for September delivery inched up to US$106.52. German Chancellor and French President have vowed to preserve the euro project while investors are cautiously hopeful the Federal Reserve will unleash fresh stimulus this week to bolster US growth. The European Central Bank’s governing council will convene for its regular monthly policy meeting on Thursday under intense glare as investors see if chief Mr Mario Draghi can deliver on this pledge to do “whatever it takes” to save the euro.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha