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The New DU. Reply #39: Petroleum futures climb to 2-week highs ($43.88 bbl)
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UpInArms
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Wed Dec-15-04 11:51 AM
Response to Reply #19 |
| 39. Petroleum futures climb to 2-week highs ($43.88 bbl) |
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http://cbs.marketwatch.com/news/newsfinder/pulseone.asp?dateid=38336.4824854514-829854738&siteID=mktw&scid=0&doctype=806&SAN FRANCISCO (CBS.MW) -- Crude, heating-oil and unleaded-gas futures climbed to their highest levels in two weeks Wednesday, after two U.S. reports said distillate supplies didn't climb as expected. A bankruptcy filing by Russian oil giant Yukos (YUKOY) as well as cold weather in the much of the U.S. also contributed support. January crude is up $2.06 at $43.88 a barrel after a $43.95 high and January heating oil is up 5.3 percent at $1.373 a gallon after a $1.375 high. January unleaded gas is at $1.16, up 4.5 percent.
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