Energy Currents: Greek Vote, Japanese Manufacturing Data Supporting Higher Crude

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Crude oil is higher this morning, gaining on U.S. dollar weakness, although prices retreated somewhat in recent minutes after Greek legislators voted, as expected, to adopt an austerity budget aiming to ward off a default of the country's debt.

Positive data out of Japan earlier today showing manufacturing rising at the fastest rate in nearly 50 years also is supporting traders who believe demand will climb as the global economy again picks up the pace of recovery.

Natural gas is lower today.

At 9:15 a.m.

AUG WTI Crude ( NY ) $93.45 +0.45

AUG Brent Crude (ICE) $109.92 +1.14

AUG Natural Gas ( NY ) $4.317 -0.036



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This article appears in: Investing , Commodities

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