posted bymateo 709 days ago
in USD, Oilmade popular 709 days ago
Oil prices climbed today as the downward trend in equity markets was reversed after US import prices were reported to have declined 0.6% in May after rising 1.1% in April, while UK inflation slowed to 3.4% from 3.7%, making it even more unlikely that the Bank of England will hike its interest rates any time soon.