London (AFP) Oct 24, 2012
Oil prices rebounded slightly on Wednesday, with sentiment boosted by upbeat data from top global energy consumer China, ahead of new economic figures from the United States. Brent North Sea crude for delivery in December rose 49 cents to $108.74 a barrel in early afternoon deals in London. New York's main contract, light sweet crude for December, increased 19 cents to $86.86 a barrel. Reported by Energy Daily 1 hour ago.
Oil prices rebounded slightly on Wednesday, with sentiment boosted by upbeat data from top global energy consumer China, ahead of new economic figures from the United States. Brent North Sea crude for delivery in December rose 49 cents to $108.74 a barrel in early afternoon deals in London. New York's main contract, light sweet crude for December, increased 19 cents to $86.86 a barrel. Reported by Energy Daily 1 hour ago.