Oil rebound may be a false dawn - Sydney Morning Herald

Sydney Morning Herald

Oil rebound may be a false dawn Sydney Morning Herald Oil has rallied 24 per cent from its January lows and is now trading at four-month highs thanks to strong US demand for petrol - but the overall trend remains bearish, Deutsche Bank and OPEC say. Brent crude oil reached a peak of $US109 a barrel in June ... Crude futures mixed amid tension in Yemen, reduced U.S. supply concernNasdaq Oil settles above $56 on China stimulus moveMarketWatch Oil's going up? Then you're better off not buyingThe Daily Star The News International -The Australian -RTT News all 296 news articles »