Crude oil was poised to dip for a third week on concern a surge in unemployment in the U.S. to the highest in almost 26 years will reduce fuel demand in the world’s largest energy user. For full story, click here
Crude oil was little changed near $69 a barrel before a report today has forecasted to show that unemployment in the U.S. surged to a 25-year high, sowing doubts about a global recovery. Andrey Kryuchenkov, an analyst at VTB Capital in London, stated: Seventy dollars is still the psychological barrier. For full story, click here
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