US crude futures rise on Greece deal, positive jobs data.

摘要

Aside from a drop on Tuesday, US crude futures prices trekked higher in the week to March 9 as Greece stepped closer to a debt deal and as the US reported strong jobs figures. During the second half of the period, the oil futures complex generally firmed on optimism that Greece would agree to a debt restructuring plan and avoid a messy defau the sentiment strengthened the euro against the dollar. As of Thursday, almost 95% of bondholders had signed onto the debt swap deal, according to a Greek state official. Also injecting bullish sentiment late in the period were reports of positive jobs data in the US that showed stronger-than-expected hiring in Feb. and better-man-estimated jobs growth at the end of 2011.Employers added 227K to their payrolls in Feb., while the unemployment rate held at a three-year low of 8.3%.