Oil: trading higher

Market news

18 November 2014

Oil: trading higher

Oil prices climbed in today's session with Brent Crude trading +0.21% at USD79.48 a barrel and WTI Crude being traded at a plus of +0.48% at USD76.00 still being quoted close to four-year low. Oil ministers from Iran, Libya, Venezuela, Ecuador and Algeria were demanding to cut output but Saudi Arabia and Kuwait still resist to lower production.

European stock markets mid-session: Indices positive after German sentiment beating expectations

Gold rallies higher on weaker U.S. dollar

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