Oil prices jump nearly 6% back above $52

international oil prices returned to above $52
as stronger U.Sstocks and better-than-expected unemployment data offset the impact of increased U.Snatural gas inventories, international oil prices rose nearly 6 percent on the 9th to return to above $52data released by the U.SDepartment of Energy showed that U.Snatural gas inventories rose 20 billion cubic feet in the week ended April 3, far more than the 11 billion to 16 billion cubic feet the market had expected, however, investors' attention remains focused on the performance of the stock marketLed by the financial sector, the main stock indexes in New York rose across the board on the 9th, with the Dow Jones index up nearly 250 points and the Standard and Poor's and Nasdaq composite indexes both up more than 38%, the crude oil futures market also rose, the Labor Department released data on the same day, the number of first-time applications for unemployment benefits fell by 20,000 last week to 65The 40,000-strong decline, the biggest since 2009, far better than Wall Street expected and helped boost investor confidence in the prospects for economic recoveryunder the influence of the above factors, the New York Mercantile Exchange in May delivery of light crude oil futures prices rose 2$86, closing at $5224 dollarsBrent crude futures for May delivery rose 2$47, closing at $54 $06 (Journalist Yang Lei) The price of gold futures in New York fell slightly
affected by the stock market and the U.S dollar exchange rate, the New York Mercantile Exchange in June delivery of gold futures prices fell 2 $60, to close at $883 30, down 0 3%。 Silver futures for May delivery fell 1 cent to 12 Platinum futures for July delivery rose 7 90, to 1195 $30 Wells Fargo, the second-largest U.S mortgage lender, on Monday forecast a record first-quarter net income of nearly $3 billion, or 55 cents per share The Same day, the Labor Department reported that initial claims for unemployment benefits fell by 20,000 to 65 40,000, the biggest drop since the beginning of the year Buoyed by double-positive news, the New York stock market surged, with the Dow up nearly 200 points by the close of trading in gold futures, weakening gold's preservation properties and investors' cautious ness ahead of the Easter long weekend, weighing on the gold price." On the 9th of , the strengthening of the dollar further weakened investors' demand for gold to hedge against safety The dollar was trading against the euro on the day from an earlier 1 The low of $3,332 rose to $1 The high of $3,132 in nearly two weeks (Reporter Han Wanning) international oil prices returned to above $52
as the U.S stock market strength and better-than-expected unemployment data offset the impact of increased U.S natural gas inventories, international oil prices rose nearly 6 percent on the 9th, back above $52 data released by the U.S Department of Energy showed that U.S natural gas inventories rose 20 billion cubic feet in the week ended April 3, far more than the 11 billion to 16 billion cubic feet the market had expected , however, investors' attention remains focused on the performance of the stock market Led by the financial sector, the main stock indexes in New York rose across the board on the 9th, with the Dow Jones index up nearly 250 points and the Standard and Poor's and Nasdaq composite indexes both up more than 3 8%, the crude oil futures market also rose , the Labor Department released data on the same day, the number of first-time applications for unemployment benefits fell by 20,000 last week to 65 The 40,000-strong decline, the biggest since 2009, far better than Wall Street expected and helped boost investor confidence in the prospects for economic recovery under the influence of the above factors, the New York Mercantile Exchange in May delivery of light crude oil futures prices rose 2 $86, closing at $52 24 dollars Brent crude futures for May delivery rose 2 $47, closing at $54 $06 (Journalist Yang Lei) The price of gold futures in New York fell slightly
affected by the stock market and the U.S dollar exchange rate, the New York Mercantile Exchange in June delivery of gold futures prices fell 2 $60, to close at $883 30, down 0 3%。 Silver futures for May delivery fell 1 cent to 12 Platinum futures for July delivery rose 7 90, to 1195 $30 Wells Fargo, the second-largest U.S mortgage lender, on Monday forecast a record first-quarter net income of nearly $3 billion, or 55 cents per share The Same day, the Labor Department reported that initial claims for unemployment benefits fell by 20,000 to 65 40,000, the biggest drop since the beginning of the year Buoyed by double-positive news, the New York stock market surged, with the Dow up nearly 200 points by the close of trading in gold futures, weakening gold's preservation properties and investors' cautious ness ahead of the Easter long weekend, weighing on the gold price." On the 9th of , the strengthening of the dollar further weakened investors' demand for gold to hedge against safety The dollar was trading against the euro on the day from an earlier 1 The low of $3,332 rose to $1 The high of $3,132 in nearly two weeks (Reporter Han Wanning) (Name)