Oil prices rise on economic reports

Posted by Oilism.com on September 2nd, 2010 at 10:38pm

Oil prices rise on economic reports
Oil prices ended higher on Thursday after an initial retreat as investors put a positive spin on reports about jobs, manufacturing and home sales.
Read more on Brisbane Times

Russian Oil Premium Vanishing on Refinery Cuts: Energy Markets
Russian crude’s unprecedented premium to North Sea Brent is vanishing as European refiners switch to higher-value blends and scale back purchases to protect their profits.
Read more on BusinessWeek

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