Nymex oil price

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Gold grows to 3-month high as weak oil, stocks boost haven demand - http://www.fxnewscall.com/32776-2/1932776/

Prominent #oil #investor and sometime renewable-energy booster T. Boone Pickens predicts that the plunging Nymex oil price will rebound to $100 a barrel in the next 12 to 18 months.

Wednesday, November 6, 2013: NYMEX West Texas Intermediate Crude Oil Price for December delivery closed up $1.43 at $94.80 per barrel.

Oil prices fell Monday after weaker-than-expected manufacturing data from China intensified concerns about the global economy. Benchmark oil for October delivery was down 16 cents at $96.31 a barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose $1.85 to finish at $96.47 per barrel Friday in New York.

Oil starts the week lower as markets focus on U.S. drilling activity | SapForex24: Oil prices declined during European morning hours on Monday, as prospects of rising U.S. production weighed on the market. Crude oil for March delivery on the New York Mercantile Exchange shed 26 cents, or around 0.5%, to $52.96 a barrel by 3:50AM ET (08:50GMT).

Oil Prices, Oil News and Oil Futures (A brief overview of oil markets and oil futures)

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Crude futures surged by more than 9% on Friday to bounce from near 12-year lows, as speculative traders departed from their bearish positions amid market-moving comments from the head of Saudi Arabia's state-owned oil company that global oil prices may have hit a bottom.

NYMEX oil prices plunged by 2.6 percent and Brent declined by 2.4 percent yesterday mainly pressurized by dollar which surged to the highest since 2002.

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