Friday 11 March 2016

Crude price gains capped by China


OIL AND GAS
Crude price gains capped by China London (AFP) March 9, 2016 - Oil prices rose Wednesday but renewed concerns over the global economy, in particular weak Chinese growth, capped gains. Around 1130 GMT, US benchmark West Texas Intermediate (WTI) for delivery in April was up 62 cents at $37.12 a barrel. Brent North Sea crude for May delivery won 56 cents to $41.40 a barrel compared with Tuesday's close. The market had skidded lower Tuesday on weak ... more

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