Oil near $92 as U.S. holidays thin tradingNovember 29, 2013 - 13:48 AMT PanARMENIAN.Net - Oil was little changed near $92 a barrel Friday, Nov 29, as holidays in the U.S. thinned trading, the Associated Press reports. Benchmark U.S. crude for January delivery was up 2 cents at $92.32 a barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile. Crude's last settlement was Wednesday as open outcry trading on the Nymex was closed for Thanksgiving. Oil has declined from about $110 in September due to reduced tensions in the oil-rich Middle East but above all to muted demand and high supplies. Brent crude, a benchmark for international oils, was down 6 cents at $110.80 a barrel on the ICE exchange in London. In other energy futures trading on Nymex: Wholesale gasoline was steady at $2.694 a gallon; Heating oil shed 0.6 cent to $3.037 a gallon; Natural gas added 3.7 cents to $3.932 per 1,000 cubic feet. Related links: Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |