SINGAPORE (Reuters) - Oil edged up to $67 a barrel on Wednesday, recovering from the previous day's losses as the dollar weakened against the euro and resource currencies like the Australian dollar.
Full Story: Oil up to $67 on dollar slip, China growth - Reuters
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This allowed crude to reverse losses from the previous day, when U.S. crude and distillates stock builds, a downgrade to U.S. energy demand and low consumer confidence data continued a string of bearish signals that has put crude on course for its first quarterly fall this year. Not all news has been negative, with U.S. house prices rising for a third month, while a Chinese purchasing managers index for September released on Wednesday showed strong growth continues in the world's second-largest oil consumer.Full Story: Oil up to $67 on dollar slip, China growth - Reuters
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