Light crude oil rose 62 cents to $ 77.41 a barrel
Today, commodity market news about crude oil price movement in today’s weakening was observed. The oil had climbed back down this morning after the Central Bank of China predicts that the country’s economic growth for the second quarter of this year will decline.On the other hand, impact of the increase of oil inventories in the U.S. apparently started to appear and provide a pressure that causes oil prices to move consolidatif. U.S. light crude oil for July delivery rose 62 cents to $ 77.41 a barrel on the New York Mercantile Exchange.
