NEW YORK (AP):
Mixed signals from the world's largest economies kept the price of oil flat Thursday.
US benchmark crude eased two cents to finish at US$92.10 a barrel.
Brent crude, which many United States refiners use to make gasolene, fell 80 cents to US$112.42 in London.
An increase in new home construction reported Wednesday suggested the US economy was improving and would need more gasolene, diesel and jet fuel in coming months.
At the same time, US oil supplies have climbed higher than expected and are above their five-year average for this time of year.
- AP
The comments on this page do not necessarily reflect the views of The Gleaner.
The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. Please keep comments short and precise. A maximum of 8 sentences should be the target. Longer responses/comments should be sent to "Letters of the Editor" using the feedback form provided.
blog comments powered by Disqus
The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. Please keep comments short and precise. A maximum of 8 sentences should be the target. Longer responses/comments should be sent to "Letters of the Editor" using the feedback form provided.
Ads by Google
More Stories
- Digicel to stay put in El Salvador
- PCFS shareholders say yes to rebranding
- Lasco Financial doubles HY profit
- Jamaica like PIGS or Iceland?
- Ultimate Tyre sees limits to retread market but bullish on business
- Berger replaces jobs with technology to drive gains
- Smith Warner to rebuild Hanover foreshore for Fiesta
- JPMorgan predicts drop in NIR to US$1.1b
- Finsac reports $1b profit
- Unconstitutional!
- Caribbean women better educated but lower paid
- The real thing
- Give stake in divested properties to civil servants, says Chung
- IDB, China partner on US$1.8b equity fund for regional business
- Newsweek to cease print edition after 80 years
- New York looks to Mexico for tourists
- Google's 3Q earnings leak early
- Measure of future economic activity up 0.6%
- Money market fund assets hit US$2.568 trillion
Top Jobs
- Gleaner Company Websites
- The Star
- Gleaner Classifieds
- Go Jamaica
- Hospitality Jamaica
- Gleaner Extra (N. America)
- Youthlink
- Voice UK
- Gleaner Company Websites
- Business Directory
- Restaurant Week
- Discover Jamaica
- Go Jamaica hosting
- Go Local
- Sports Jamaica
- diGJamaica
Copyright © 2012 Gleaner Company Ltd. All Rights Reserved.
A Gleaner Company Website. Designed by GoJamaica.
