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Vol. 12, No. 29 Week of July 22, 2007
Providing coverage of Alaska and northern Canada's oil and gas industry

Oil futures above $75, new 11-month high

Crude oil gains on Angolan outage, fall in U.S. gasoline stockpiles; China’s GDP grows 11.9 percent, supports rising oil prices

The Associated Press

Crude oil futures held above $75 a barrel July 19, touching a new 11-month intraday high after outage at an Angolan oil field. A surge in China’s economic growth in the second quarter and a fall in U.S. gasoline stockpiles reported July 18 also supported prices. Light, sweet crude for August deliver....

    [additional news subjects in this story]

China’s economy ‘galloping’


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