综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

National

Regional

Taiwan, HK, Macao

Special Coverage

Focus

Society

Profiles

Oil climbs above $62 on China's strong growth

(Xinhua)
Updated: 2009-07-17 07:25

NEW YORK: Oil prices climbed above $62 on Thursday as investors found some hope from China's strong economic performance and better US employment data.

Earlier in the day, China, the second largest energy consumer, reported a strong economic growth of 7.9 percent for the second quarter, giving the market some hope for a sooner pickup in the global oil demand.

Related readings:  China GDP grows 7.1% in first half '09  Nation to build strategic oil reserves in Tianjin  Oil slides toward $59, extending 2-week sell-off  PetroChina gets nod to buy in Japan's Nippon Oil  China's oil majors mull bids for Iraq oil

Oil prices also got a lift from the US government employment report in which the Labor Department said new applications for unemployment insurance dropped for the second consecutive week to their lowest level since early January.

Light, sweet crude for August delivery rose 48 cents to settle at 62.02 dollars a barrel on the New York Mercantile Exchange. London Brent crude for August delivery fell 34 cents to 62.75 dollars a barrel on the ICE Futures exchange.