Oil extends gains after 10% rally

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Source: Reuters
Crude futures climbed on Friday after the biggest daily rise in six years in the previous session, and are on track to break an eight-week losing streak. WTI futures were trading 1.20% higher at $43.04 per barrel, while Brent crude gained 0.76% to $47.83 per barrel by 07:06 AM GMT. The recent rally in oil prices was mainly sparked by a rebound in global stock markets, as well as by the upbeat US GDP figure. 
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Fri, 28 Aug 2015 11:02:07 GMT

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