Rising fuel prices on Thursday of the American political leaders to achieve budget agreement, in order to avoid the so-called "fiscal cliff prepare the last stroke."
February delivery benchmark crude added 21 cents at Bangkok at noon time on the New York mercantile exchange in electronic trading at $91.19 a barrel. Prices rose sharply on Wednesday, the United States higher house prices, and hope that in Washington's budget agreement. The contract jumped $2.37, or 2.7%, to close at $90.98 a barrel after Christmas thin trading, New York.
President Obama to return to Washington after a short holiday Thursday, restoration and congressional budget negotiations. The purpose of the negotiations is to avoid the "fiscal cliff," deep budget cuts and increased taxes will play on January 1,, someone said the United States will send into another recession.
Late Thursday, the conference board will publish its consumer confidence survey in December. This prediction is that confidence fell to 71 reading from November 73.7. From the last week of the university of Michigan's another survey results show that this month, consumer confidence index fell. Consumers may be starting to worry that the United States congress and the Obama can achieve the budget agreement.
In London, used to all kinds of foreign oil price, delivery beihai brent crude oil futures prices fell twenty cents to $110.87 a barrel.
On the New York mercantile exchange other energy futures trading:
- heating oil slightly down to $3.0348 a gallon,.
- wholesale gasoline rose 0.4 cents to $2.8199 a gallon.
- gas down 3.7 cents at $3.355 per 1000 cubic feet.
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