Oil is reovering slightly on Friday morning after the Brent crude hit a three-year low on Thursday.
In London, the ICE Brent January gained 76 cents to USD 48.84 in the early Friday session, driven by positive Asian equities and promises of government stimulus packages.
The move upwards comes after a day when the energy complex was all bear, with crude oil breaking support levels and searching for a bottom amid tumbling equities.
WTI December crude oil pushe
Freitag, 21.11.2008, 08:07 Uhr
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