Oil got some respite on Friday from a four-month rout, with Brent - TopicsExpress



          

Oil got some respite on Friday from a four-month rout, with Brent climbing by almost a dollar to above USD 86 a barrel after positive US data buoyed global financial markets, although market analysts doubted the rally would take it much higher. The global oil benchmark is still headed for its fourth weekly loss in a row, having hit a four-year low on Thursday as excess supply and weak demand from Europe to China pummelled prices.
Posted on: Sat, 18 Oct 2014 07:28:43 +0000

Trending Topics



Recently Viewed Topics




© 2015