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International oil prices continue to climb
Time:2010-11-09   Read:1080second  

Despite the dollar's rebound against the euro in international oil prices continue to be strong 8 to close in New York, London, oil prices were slightly higher ground.
Since the Fed last week announced a new round of quantitative easing policy, as the market worried about the dollar decline, dollar-denominated energy prices in all higher.
5th of this month, the Labor Department released better-than-expected employment data, and investors see the U.S. energy consumption demand has picked up hope. Affected by this, the international oil price rally continued last week, continue to be strong.
However, euro as investors worried about the debt problems of the dollar-euro exchange rate triggered a rebound in oil prices the rate of increase was inhibited.
To the day of closing, the New York Mercantile Exchange, light sweet crude for December delivery futures rose 21 cents to close at $ 87.06 a barrel. London Brent crude futures rose 33 cents to close at $ 88.46 a barrel. (Chen Gang)
 

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