Oil Prices Approaching $100 a Barrel Mark

Source: ForexYard Oil Prices Approaching $100 a Barrel Mark Crude Oil prices rose yesterday, reaching as high as $99.60 per barrel in late trading. Growth differentials between the Atlantic states have risen into view this week while manufacturing output and service data revealed mild weakness in Europe. The news so far has not generated enough resistance to stop the surge in price seen on Crude Oil after China's reported increase in demand. Economic News USD – US Dollar Regains Losses as Thursday Data Slumps The US dollar was seen trading higher yesterday as traders began to reevaluate the recent dip in USD values from notions of growing risk appetite brought about by optimistic housing and earnings data. The . . . → Read More: Oil Prices Approaching $100 a Barrel Mark