Wednesday, 25 November 2015

Oil advances further on Mideast tension | GulfNews.com

Oil advances further on Mideast tension | GulfNews.com:

"Crude oil futures extended gains on Wednesday after prices hit two-week highs in the previous session as tension mounted in the Middle East following Turkey's downing of a Russian warplane.

Brent extended its gains by 14 cents to $46.26 a barrel by 0443 GMT, reversing an earlier fall on profit-taking.

The benchmark had settled up $1.29 at $46.12 on Tuesday, after hitting its highest since Nov. 11 at $46.50."



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