Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Oil prices jumped to fresh 30-month highs above US$108 a barrel Monday in Asia as signs of a recovering U.S. jobs market bolstered investor optimism that global crude demand will strengthen.
Benchmark crude for April delivery was up 53 cents at $108.47 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.22 to settle at $107.94 on Friday.
In London, Brent crude for April delivery was up 75 cents to $119.31 a barrel on the ICE Futures exchange.
The U.S. said Friday its economy added 216,000 new jobs last month and the unemployment rate dropped to 8.8 per cent, boosting trader confidence that more workers will help fuel consumer spending.
Investors are also closely watching Libya, where a standoff is developing as forces loyal to Moammar Gadhafi control most of the western half of the OPEC nation while rebels have seized most of the eastern coast.
On Sunday, a Gadhafi envoy told Greece’s prime minister that the Libyan leader was seeking a solution to his country’s crisis two weeks after his government’s attacks to put down a rebellion drew international airstrikes.
Some analysts say oil prices — which have jumped about 29 per cent since Feb. 15 — will likely begin to fall unless the U.S. announces a major new program to provide cheap money or violent protests spread in the Middle East and North Africa.
“For prices to continue their ascent, a new event or exacerbation of existing events will be necessary,” said Richard Soultanian of NUS Consulting. “Should this come to pass, we believe prices will spike.”
In other Nymex trading in April contracts, heating oil rose 1.5 cents to $3.15 a gallon and gasoline added 1.6 cents to $3.17 a gallon. Natural gas futures were down 4.8 cents at $4.31 per 1,000 cubic feet.
(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Oil prices jumped to fresh 30-month highs above US$108 a barrel Monday in Asia as signs of a recovering U.S. jobs market bolstered investor optimism that global crude demand will strengthen.
Benchmark crude for April delivery was up 53 cents at $108.47 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.22 to settle at $107.94 on Friday.
In London, Brent crude for April delivery was up 75 cents to $119.31 a barrel on the ICE Futures exchange.
The U.S. said Friday its economy added 216,000 new jobs last month and the unemployment rate dropped to 8.8 per cent, boosting trader confidence that more workers will help fuel consumer spending.
Investors are also closely watching Libya, where a standoff is developing as forces loyal to Moammar Gadhafi control most of the western half of the OPEC nation while rebels have seized most of the eastern coast.
On Sunday, a Gadhafi envoy told Greece’s prime minister that the Libyan leader was seeking a solution to his country’s crisis two weeks after his government’s attacks to put down a rebellion drew international airstrikes.
Some analysts say oil prices — which have jumped about 29 per cent since Feb. 15 — will likely begin to fall unless the U.S. announces a major new program to provide cheap money or violent protests spread in the Middle East and North Africa.
“For prices to continue their ascent, a new event or exacerbation of existing events will be necessary,” said Richard Soultanian of NUS Consulting. “Should this come to pass, we believe prices will spike.”
In other Nymex trading in April contracts, heating oil rose 1.5 cents to $3.15 a gallon and gasoline added 1.6 cents to $3.17 a gallon. Natural gas futures were down 4.8 cents at $4.31 per 1,000 cubic feet.
(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
Vancouver, B.C., Canada (April 4, 2011) – Clearlease.com Reports Oil prices jumped to fresh 30-month highs above US$108 a barrel Monday in Asia as signs of a recovering U.S. jobs market bolstered investor optimism that global crude demand will strengthen.
Benchmark crude for April delivery was up 53 cents at $108.47 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.22 to settle at $107.94 on Friday.
In London, Brent crude for April delivery was up 75 cents to $119.31 a barrel on the ICE Futures exchange.
The U.S. said Friday its economy added 216,000 new jobs last month and the unemployment rate dropped to 8.8 per cent, boosting trader confidence that more workers will help fuel consumer spending.
Investors are also closely watching Libya, where a standoff is developing as forces loyal to Moammar Gadhafi control most of the western half of the OPEC nation while rebels have seized most of the eastern coast.
On Sunday, a Gadhafi envoy told Greece’s prime minister that the Libyan leader was seeking a solution to his country’s crisis two weeks after his government’s attacks to put down a rebellion drew international airstrikes.
Some analysts say oil prices — which have jumped about 29 per cent since Feb. 15 — will likely begin to fall unless the U.S. announces a major new program to provide cheap money or violent protests spread in the Middle East and North Africa.
“For prices to continue their ascent, a new event or exacerbation of existing events will be necessary,” said Richard Soultanian of NUS Consulting. “Should this come to pass, we believe prices will spike.”
In other Nymex trading in April contracts, heating oil rose 1.5 cents to $3.15 a gallon and gasoline added 1.6 cents to $3.17 a gallon. Natural gas futures were down 4.8 cents at $4.31 per 1,000 cubic feet.
(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE)
DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html
About DLC Clearlease
Equipment Leasing Equipment Lease Financing in Vancouver Surrey Delta Richmond Langley New Westminster North Vancouver West Vancouver Calgary Edmonton Kerrisdale Coquitlam Abbotsford B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .
You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.
Contact DLC Clearlease.com:
Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease
###
