Off the wire
• Belarus calls EAEC to intensify work on removing all barriers  • Pakistan expels Indian embassy official in tit-for-tat action  • Spotlight: Double post-Brexit boost for British economy, but too early for celebrations  • Sierra Leone rolls out nation-wide vaccination campaign against polio  • Chinese courier ZTO makes biggest U.S. IPO after Alibaba  • U.S. dollar rallies against most major currencies  • EU adds 10 more Syrian high-ups on sanction list  • People's Daily stresses strict Party governance  • Ukraine eyes another IMF tranche by yearend: official  • Commentary: CPC unity with Xi as "core" vitally important  
You are here: 　 Home

Oil prices rebound on output deal hopes

Xinhua, October 28, 2016 Adjust font size:

Oil prices rallied Monday as investors cheered over renewed hopes for a crude output deal among major producers.

The West Texas Intermediate for December delivery rose 0.54 U.S. dollar to settle at 49.72 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery increased 0.49 dollar to close at 50.47 dollars a barrel on the London ICE Futures Exchange. Enditem