Saturday 26 September 2015

Oil inches lower on Caterpillar, weak jobs report

OIL AND GAS
Oil inches lower on Caterpillar, weak jobs report
New York (UPI) Sep 24, 2015 - A gain in weekly U.S. unemployment claims and cost-cutting from heavy machine company Caterpillar pushed crude oil prices lower in early Thursday trading. Brent crude oil prices opened trading in New York relatively unchanged from the previous session to $47.76 per barrel. West Texas Intermediate, the U.S. benchmark for crude oil prices, lost about three tenths of a percent to open the ... more


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