Oil prices broke US$80 level

Last updated: February 25, 2010

New York, NY (BBN)- Oil prices broke USD 80 level in the New York Mercantile Exchange, as comments from US Federal Reserve Chairman to keep interest rates low outweighed a report showing a build in US crude stockpiles.

Gold price edged down on Thursday after the USD rebounded against the EUR and investors turned cautious as the bullion failed to sustain recent gains.

BBN/SS/SI/AD-25February10-10:48 am (BST) 

Bangladesh Business News
BBN is the country's oldest Business News and Analysis platform, run by veteran business journalist and analyst that you can rely upon.
© Copyright 2024 - BBN - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram