News: Brent bounces back off two-year low

  1. Brent crude has lifted off its latest low to trade a back above US$95 per barrel on Wednesday.

    It comes after a fall from above US$110 in the past weeks to its lowest level for more than two years on Tuesday.

    In London trading the international crude benchmark was up over 60 cents changing hands at US$95.30.

    The spread to American light sweet crude narrowed, as the West Texas Intermediary contract climbed about US$ to trade at US$92 per barrel.

     

 
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