- Analytics
- News and Tools
- Market News
- Crude oil extended its gains
Crude oil extended its gains
Crude oil extended its gains after the U.S. Energy Department reported an unexpected decline in inventories. Supplies fell 4.68 million barrels to 336.3 million in the week ended Sept. 30, the Energy Department said today. Futures also rose as U.S. companies added more jobs than forecast last month. ADP Employer Services showed companies in the U.S. added 91,000 jobs in September.
Crude oil for November delivery rose $2.86, or 3.8 percent, to $78.53 a barrel at 10:37 a.m. on the New York Mercantile Exchange. Oil traded at $77.77 before the release of the inventory report at 10:30 a.m.
At the moment crude oil for November delivery traded at the level $78.39 a barrel.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
