Daily Archives: 2016-04-21

Crude oil rebounds on hope of new freeze talk

By Margaret Yang, CMC Markets Commodities – Crude oil prices climbed higher after Iraq mentioned new freeze talks and US crude output fell. WTI oil futures closed up 3.8% to $44.18 before sliding to $43.67 this morning. The panic associated with the Doha meeting failure gradually faded away and the market has started to look forward. Last week’s US commercial …

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