Oil prices rebound after four-day retreat

New York, Nov 11 (IANS) Oil prices rose on Tuesday, snapping a four-day losing streak triggered by oversupply concerns.

The West Texas Intermediate for December delivery moved up 34 cents to settle at $44.21 a barrel on the New York Mercantile Exchange, while Brent crude for December delivery increased 25 cents to close at $47.44 a barrel on the London ICE Futures Exchange, reported Xinhua.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here