08 October 2010 16:16 [Source: ICIS news]
LONDON (ICIS)--NYMEX light sweet crude futures gained more than $1.00/bbl on Friday to take the front month November contract close to $83.00/bbl on the back of a firm US gasoline market and a weaker US dollar following disappointing US payroll data.
By 15:00 GMT, November NYMEX crude had hit a high of $82.87/bbl, a gain of $1.20/bbl from the Thursday close of $81.67/bbl, before easing back to around $82.80/bbl.
At the same time, November Brent crude on ICE Futures was trading around $84.30/bbl, having hit a high of $84.38/bbl, a gain of $0.95/bbl from the previous close.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections