27 Dec 2013
Oil trades above $100 for first time in two months
FXstreet.com (San Francisco) - The Oil rallied early in the day from 99.50 to reach the highest price since October 21 at 100.72. However, the black gold is retracing levels and now it is pricing at 100.14.
The energy is closing its third week of gains of the last four; its seventh positive day of the last 8 sessions. Since late November bottom at 92.00, the Oil has gained $8 to close today at 100.15.
The energy is closing its third week of gains of the last four; its seventh positive day of the last 8 sessions. Since late November bottom at 92.00, the Oil has gained $8 to close today at 100.15.