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国际英语新闻:Crude prices continue rising despite stronger dollar

2010-11-09来源:和谐英语

NEW YORK, Nov. 8 (Xinhua) -- Crude prices continued rising on Monday despite concerns on European debt which pushed U.S. dollar higher.

Crude prices were boosted by the U.S. job data issued last week. The Labor Department said Friday that employers added 151,000 jobs in October, the first net gain in five months.

The jobs report could signal more improvement in the economy, which could lead to stronger demand from consumers and businesses for fuel.

On Monday, the greenback rose against the euro on renewed concerns on the European's debt problem.

Light, sweet crude for December delivery rose 21 cents to 87.06 a barrel on the New York Mercantile Exchange.