COMMODITIES DAYBOOK: Oil Rises for Third Day on Jobless Claims

Oil rose for a third day as the number of Americans filing first-time unemployment claims unexpectedly declined and Greek political leaders struck a deal on a package of austerity measures.

WHAT TO WATCH: (ALL TIMES NEW YORK)
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ON THE FRONT PAGES
-India Proposes Bartering Wheat for Oil From Iran, Times Says
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-Motiva’s Port Arthur Refinery Resumes Output: Reuters Link
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-Petrochina Targets 6% Crude Throughput Growth This Year: Xinhua
-Tata Communications To Buy 5.76% Green Infra Stake: Line Link
-Vietnam to Export 2.5 Million Tons Rice in First Half: Thoi Bao

ECONOMIC DATA: (ALL TIMES NEW YORK)


MARKETS (11:58 a.m. NY TIME):
                       Last        Chg       %Chg
WTI Crude Oil         $99.93      +1.22      +1.24
Gasoline              $3.002      +0.0272    +0.91
Natural Gas           $2.515      +0.07      +2.74
Copper                $8,747      +166.50    +1.94
Gold                  $1,746.7    +12.25     +0.71
Wheat                 $6.5225     -0.0850    -1.29
U.S. Dollar Index     78.524      -0.21      -0.27
MSCI World Index      327.71      +0.42      +0.13

To contact the reporter on this story: Catherine Airlie in London at cairlie@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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