Crude Oil finished higher

By International Business Times,  July 14, 2012, 04:23:20 PM EDT

Crude Oil finished higher on more sanctions on Iran and China's GDP numbers

Crude Oil rose from low levels after the US tightened the belt on Iran with tougher sanctions Thursday rebounded from low levels at 84.24 and continues its Northside bias despite the Chinese data showed the slowest growth pace in China in 3 yrs.

WTI Crude Oil opened Friday's session at 85.73 and reached so far a high of 86.64 and a low of 85.57, where it finished trading at 87.07 bbl +0.70 (+1.15%)

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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