Phillip Futures

Brent oil rises as euro zone morale boost offsets oversupply concern

Brent oil prices firmed on Wednesday as business morale in the euro zone`s top two economies improved, offsetting concerns about oversupply that has filled fuel storage tanks around the world.

Mar 25, 2015, 17:30 PM IST

Brent climbs towards $101, pulls away from 16-month low

Brent crude rose towards USD101 a barrel on Wednesday, pulling away from a 16-month low hit in the previous session, supported by encouraging U.S. manufacturing data.

Sep 03, 2014, 13:58 PM IST