Brent gains on upbeat U.S. and China's data

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Source: Bloomberg

The European benchmark Brent crude recorded a modest increase on Monday after hedge funds spurred crude's bullish positions after reports showed that economic growth in the U.S. and China increased. Brent for settlement in January gained 12 cents to $111.73 a barrel on the London's ICE Futures Exchange reaching the WTI-Brent premium of $13.96.


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Mon, 09 Dec 2013 10:54:22 GMT

Pound is little changed before Mark Carney's speech

The British Sterling swung between gains and losses on Monday against the U.S. Dollar and the shared currency before the British central bank Governor Mark Carney's speech at the New York's economic club. The Pound fluctuated at $1.6365 by 7:31 a.m. London time following a jump to the strongest level seen since August 2011 at $1.6443 on December 2, while

Mon, 09 Dec 2013 10:25:05 GMT

WTI advances as China's oil imports rebound and U.S. labour market improves

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