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Reuters reported that Brent oil advanced Thursday as better-than-expected US labor market data suggest higher demand for oil although it is still heading for the biggest monthly decline in four months.
Reuters reported that Brent oil advanced Thursday as better-than-expected US labor market data suggest higher demand for oil although it is still heading for the biggest monthly decline in four months.
As quoted in the market news:
Brent crude for April delivery gained 34 cents to $112.21 a barrel by 1:22 p.m. EST (1822 GMT), having earlier risen to $112.57. It fell to a low of $111.65 on Wednesday, its weakest since Jan. 22.