Oil advances after Monday's slump, supply glut limits gains

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Source: CNBC
Oil prices rose on Tuesday after both benchmarks posted a 5% drop in the prior session, however gains were limited by persisting concerns over the global oversupply. Futures for WTI added 1.08% to $47.64, while Brent futures gained 1.05% to trade at %50.78 by 07:35 AM GMT. Meanwhile, analysts also noted that the latest data from China revealed a slight growth in crude-oil imports in September. 
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Wed, 14 Oct 2015 10:41:08 GMT

Euro rises against Greenback amid China concerns

The shared currency benefited from investors' worries over Chinese growth and advanced versus the US Dollar, however the recent slowdown in German economic sentiment limited gains. The EUR/USD added 0.35% to trade at $1.1417 by 07:19 AM GMT. The single European currency proved its safe-haven status, as it extended gains amid another sell-off in Asia after disappointing Chinese CPI data. 

Mon, 12 Oct 2015 15:19:13 GMT

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