Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Oil Futures Rebound in New York After China’s Inflation Eased

Don't Miss Out —
Follow us on:

Aug. 9 (Bloomberg) -- Oil rose as much as 0.3 percent in New York after data showed China’s inflation cooled for a fourth straight month, providing more room to stem a growth slowdown in the world’s second-biggest crude consumer.

Futures for September delivery climbed 18 cents, or 0.2 percent, to $93.53 a barrel in electronic trading on the New York Mercantile Exchange at 10:09 a.m. in Singapore after earlier falling as much as 0.1 percent. Prices dropped yesterday for the first time in four days.

To contact the reporter on this story: Ben Sharples in Melbourne at bsharples@bloomberg.net

To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.