Equipment Leasing Reports Oil rises above $107 in Asia as Gadhafi forces retake Libyan towns, push back rebels

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Oil prices rose above $107 a barrel Friday in Asia as investors worried a prolonged civil conflict in Libya will keep the OPEC nation’s crude exports off the market longer than expected.

Benchmark crude for May delivery was up 36 cents to $107.08 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $2.45 to settle at $106.72 on Thursday.

In London, Brent crude was up 17 cents at $117.19 a barrel on the ICE futures exchange.

On Thursday, forces loyal to Libyan leader Moammar Gadhafi continued to push back rebels, recapturing the key oil town of Brega. Most of Libya’s 1.6 million barrels a day of crude output capacity has been shut down since the uprising began in February.

“The counteroffensive by Gadhafi loyalists has made it clear that we are miles from the end-zone and even further from the end-game,” Cameron Hanover said in a report. “And Libyan oil is unlikely to return to the market any time soon.”

In other Nymex trading for April contracts, heating oil fell 0.8 cent to $3.11 a gallon and gasoline added 2.1 cents to $3.11 a gallon. Natural gas dropped 0.8 cent to $4.38 per 1,000 cubic feet.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing, Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, Calgary, Edmonton, Kerrisdale, Coquitlam, Abbotsford, B.C Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###Equipment Leasing Reports Oil rises above $107 in Asia as Gadhafi forces retake Libyan towns, push back rebels

 

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Oil prices rose above $107 a barrel Friday in Asia as investors worried a prolonged civil conflict in Libya will keep the OPEC nation’s crude exports off the market longer than expected.

Benchmark crude for May delivery was up 36 cents to $107.08 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $2.45 to settle at $106.72 on Thursday.

In London, Brent crude was up 17 cents at $117.19 a barrel on the ICE futures exchange.

On Thursday, forces loyal to Libyan leader Moammar Gadhafi continued to push back rebels, recapturing the key oil town of Brega. Most of Libya’s 1.6 million barrels a day of crude output capacity has been shut down since the uprising began in February.

“The counteroffensive by Gadhafi loyalists has made it clear that we are miles from the end-zone and even further from the end-game,” Cameron Hanover said in a report. “And Libyan oil is unlikely to return to the market any time soon.”

In other Nymex trading for April contracts, heating oil fell 0.8 cent to $3.11 a gallon and gasoline added 2.1 cents to $3.11 a gallon. Natural gas dropped 0.8 cent to $4.38 per 1,000 cubic feet.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

Equipment Leasing,  Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, Calgary, Edmonton, Kerrisdale, Coquitlam, Abbotsford, B.C Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease

Equipment Leasing, Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, Calgary, Edmonton, Kerrisdale, Coquitlam, Abbotsford, B.C Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Vancouver, B.C., Canada (April 1, 2011) – Clearlease.com Reports Oil prices rose above $107 a barrel Friday in Asia as investors worried a prolonged civil conflict in Libya will keep the OPEC nation’s crude exports off the market longer than expected.

Benchmark crude for May delivery was up 36 cents to $107.08 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $2.45 to settle at $106.72 on Thursday.

In London, Brent crude was up 17 cents at $117.19 a barrel on the ICE futures exchange.

On Thursday, forces loyal to Libyan leader Moammar Gadhafi continued to push back rebels, recapturing the key oil town of Brega. Most of Libya’s 1.6 million barrels a day of crude output capacity has been shut down since the uprising began in February.

“The counteroffensive by Gadhafi loyalists has made it clear that we are miles from the end-zone and even further from the end-game,” Cameron Hanover said in a report. “And Libyan oil is unlikely to return to the market any time soon.”

In other Nymex trading for April contracts, heating oil fell 0.8 cent to $3.11 a gallon and gasoline added 2.1 cents to $3.11 a gallon. Natural gas dropped 0.8 cent to $4.38 per 1,000 cubic feet.

DLC Clearlease currently has the following employment opportunities available: http://clearlease.com/Career-Opportunities.html

About DLC Clearlease

Equipment Leasing, Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouver, West Vancouver, Calgary, Edmonton, Kerrisdale, Coquitlam, Abbotsford, B.C Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers, DLC Clearlease is a free service that can qualify you for an automobile or equipment lease finance. You save time and effort by giving DLC Clearlease.com your information just once; DLC Clearlease has partnered with over 100 lenders to offer you the best rates and service, comparable to none. We offer a simple application process available at http://clearlease.com/How-to-Apply.html .

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. A. Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 177
eMail: [email protected]
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

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