Energy prices rebounded on comments from Iraqi oil minister that he is “optimistic” of a deal in Vienna. The front-month WTI crude oil contract gained +2.22% to settle at 47.08 while the Brent contract added +2.12% to close at 48.24. For refined oil products, gasoline and heating oil prices rose almost +3% for the day.
Read more from the original source:
Energy Prices Rebounded as OPEC Ministers Hinted on Output Deal. Sentiment Damped by Italian Referendum
Leave a Reply
You must be logged in to post a comment.