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Oil bounces as China, US data ease recession concerns | Borneo Bulletin Online - Vimarsana News

Oil bounces as China, US data ease recession concerns | Borneo Bulletin Online

ANN/THE STAR – Oil prices bounced higher from multi-month lows yesterday as investors’ appetite improved following data on United States (US) jobs and Chinese exports data that eased recession concerns. Brent crude futures had risen USD0.81, or 0.9 per cent, to USD95.73 a barrel by 0638 GMT. US West Texas Intermediate (WTI) crude was at […]