Oil prices are edging higher on Friday on data showing China's crude imports rebounded in November, suggesting demand in the world's second largest consumer was increasing.
The front month contract for Brent North Sea crude oil was last seen changing hands at USD 91.28/bbl on the ICE platform, up USD 0.29 on Wednesday's close.
Imports into China rose by 22.1% last month from a year earlier to 5.09m barrels per day, the fourth highest monthly average on record, data from China's General Administration of Customs showed on Friday.
Freitag, 10.12.2010, 08:03 Uhr
Redaktion
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