LONDON: Brent crude futures rose $1 to $106.88 a barrel as sentiment improved as investors awaited details of a more decisive plan from Germany and France to stem the growing euro zone crisis.
Details of the discussions remain confidential and will only be unveiled at the next G20 meeting in Cannes early in November.
By 1006 GMT, Brent crude futures were 98 cents firmer at $106.88 a barrel, having risen to $106.89 a barrel. US light crude futures were $1.28 up to $84.26 a barrel by the same time.
Comments
Comments are closed.