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marginnayan

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marginnayan

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Re: marginnayan post# 121894

Wednesday, 07/09/2008 7:58:29 AM

Wednesday, July 09, 2008 7:58:29 AM

Post# of 148479
Futs turn almost green in spite of $ 2 rise in crude oil in pre market activity.


Oil rebounds $2 on Iran missile tests

LONDON (Reuters) - Oil rose $2 to near $138 a barrel on Wednesday, partly recouping a $5 drop in the previous session, after Iran said it had test-fired missiles that could reach Israel and U.S. bases in the region. U.S. light crude for August delivery was $1.86 up at $137.90 a barrel by 1043 GMT, off highs of $138.28. London Brent crude was $2.07 up at $138.50.

- Reuters Live


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