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Oil Update: Futures Top $71; Iraq Bids Nixed

Stock quotes in this article: XOM , COP , CVX , OXY  

Updated to reflect recent stock and oil futures prices.

On Wednesday, crude futures went above $71 ahead of a crude inventory report to be released by the federal government later.

Light, sweet crude for August delivery is currently up $1.81 to come to $71.70 a barrel on the New York Mercantile Exchange. Yesterday, the price settled at $69.89 after slipping $1.60 following reports of less than stellar signs of consumer confidence. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,388.90 1,105.98 2,194.35 34.83
Oil *
77.74
UP
22.75
UP
6.06
UP
21.21
UP
1.03
10 Yr
3.48%
SPDR Gold
113.75
+0.22%
+0.55%
+0.98%
+3.05%
Data delayed 20 minutes

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