Oil trades up on growing supplies and improved Chinese manufacturing

Note: This section contains information in English only.
Source: Bloomberg
Oil was trading close to its highest level in three days as Chinese manufacturing expanded and stockpiles dropped unexpectedly in the U.S. The inventory of crude fell 1.47 million barrels the last week. Contracts on oil were slightly changed after yesterday's advance of 0.7%. Futures on Crude for January were at $ 87.54 a barrel, soaring 16 cents on the New York Mercantile exchange, whereas Brent oil futures for January lost 12 cents to $ 110.74 a barrel on the ICE Futures Europe exchange.


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