Global oil prices propel beyond US$100 by a spike in gasoline prices and renewed market optimism

15-Jul-13
Global oil prices spiked by over a dollar at the end of the previous week, pushed in part by a spike in gasoline prices and renewed market optimism about US demand. New York's main contract, West Texas Intermediate (WTI) for August settled at US$105.9, while Brent North Sea crude for delivery in August, inched up to US$108.8 in London trade. Gasoline prices were impacted by problems at the Irving refinery in Saint John, New Brunswick, in Canada, as well as problems at two US refineries: the Philadelphia Energy Solution refinery in Philadelphia, Pennsylvania, and the Motiva refinery in Port Arthur, Texas.
  Back to News Archive

Previous News

Next News

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
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}


Plastemart.com is India based trading and promotion portal for the plastics Industry. We carry a listing of plastic products, polymers and resins, plastic extrusion machinery, plastic injection moulding machines, new and used plastics machinery, bags and films, packaging products, moulds and dies, used processing machines, technology providers, screw and barrels, recycled and reprocessed material and others products and services.