- Crude Oil advanced four days running
Market news
17 August 2012
Crude Oil advanced four days running
Oil slightly rose on reports signaling the U.S. economy is recovering and increased tension in the Middle East.
U.S. consumers improved and the index of U.S. leading economic indicators climbed more than forecast.
Crude has gained the past three days on concern that Israel will strike to delay Iran from producing nuclear weapons and as the United Nations Security Council conceded it couldn’t stem Syria’s violence.
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