fmx | energy | connect - Oil Climbs to Highest in More Than a Week on U.S. Sales, Syrian Sanctions

Categories:

Tools

FMX 2010 Energy Expiration Calendar

follow FMX on

Data Reports:: market snapshot; energy >> crude report; energy >> options report; energy >> natural gas report; commodities >> metals report; weather >> full report

<< Gas Petrospective – November 28, 2011 | Natural Gas – Options Report – November 28, 2011 >>

Oil Climbs to Highest in More Than a Week on U.S. Sales, Syrian Sanctions

November 28 2011, 08:41

FMX|Connect- WWW.FMXConnect.com (Reported on 11/28/2011)

Oil Climbs to Highest in More Than a Week on U.S. Sales, Syrian Sanctions

Source: Bloomberg

Oil rose to its highest in more than a week in New York on signs of economic recovery in the U.S., while sanctions on Syria stoked concern Middle East crude supplies may be threatened.

Futures advanced a second day, gaining as much as 4.1 percent to more than $100 a barrel. U.S. retail sales during Thanksgiving climbed 16 percent to a record. The Arab League imposed sanctions on Syria after the country refused to halt a crackdown on protesters. The country produced an average of 332,000 barrels of crude a day in August, according to the International Energy Agency. To read the full article, Click Here.

To view our energy reports and articles on your PDA or mobile device, click here.

-----

About FMX: FMX Connect is an information, data, and analytics portal for Commodities. The portal provides an all-in-one package including essential market data, independent third party research, industry news, and commodity trading tools. FMX Connect provides efficient, effective, and thorough data that bridges all aspects of commodities onto one screen. The Result; A user friendly application for hedge fund traders, OTC brokers, individual investors, and industry participants.

Note: The information presented, while from sources generally believed to be reliable, is not guaranteed and may not be complete. FMX | Connect makes no representations or warranties regarding the correctness of any opinions or information. Past results are not necessarily indicative of future results. Nothing in this report should be construed as a representation to buy or sell shares, futures or options, which contain considerable risks. For internal client distribution only. Any reproduction, re-transmission, or distribution of this report without permission is prohibited. Media correspondents or reporters may not quote any one page or section in its entirety and must attribute all quotes, ideas or concepts herein. Copyright FMX | Connect, ©2009-2010. All rights reserved.