History of edits:: 4/22/2016 12:49 • 85 visits readable
{International: Euphrates News} oil prices returned to rise, Friday, April 22, after falling yesterday’s session, to put crude futures on the path of strong gains during the week with a recovery sentiment in the market despite the continued glut in supply.
It was futures trading for crude International benchmark Brent crude increased 57 cents , or about 1.28 percent at $ 45.10 a barrel.
Rose WTI 62 cents , or about 1.45 percent to $ 43.80 a barrel.
The Brent crude is about 4.5 percent since the beginning of the week so far while the rose WTI eight percent, putting crude on track to achieve weekly gain strong.
the price of crude higher by more than two – thirds since the record lows in 2016 during the period between January and February.
traders said sentiment in the commodities market initial improved despite the oversupply with an infusion of cash from investors, resulting in a higher Alosar.anthy
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