Oil Rises on Positive Sentiment - News Summed Up

Oil Rises on Positive Sentiment


Sentiment is positive, according to Michael Poulsen, oil... September cargoes for the global crude benchmark Brent were up 0.47% at $50.58 a barrel while August deliveries of its U.S. counterpart West Texas intermediate were up 0.54% at $50.62. Oil prices rose Monday as shock waves from the U.K.’s decision to leave the European Union started to ebb and fundamental supply and demand factors regained their dominance of the market.


Source: Wall Street Journal July 04, 2016 10:41 UTC



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