Wednesday, July 15, 2009

Oil Little Changed as Equities Gain, China’s Economy Revives


Crude oil was little changed after rising yesterday as equities rallied and China’s economy showed signs of rebounding from its weakest growth in almost a decade. U.S. stocks gained 3 percent after Intel Corp. forecast sales that beat analysts’ estimates and gauges of manufacturing improved. China’s gross domestic product expanded 7.9 percent in the second quarter from a year earlier, the country’s statistics bureau said today. That was more than the 7.8 percent median estimate of 20 economists surveyed by Bloomberg News.....Complete Story

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1 comment:

Anonymous said...

Hi I am a reporter for Energy Risk and I saw that you were following the magazine on twitter. Would you be interested in doing an interview on twitter with me?

Please get in touch rachel.morison@incisivemedia.com

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