UPDATE 2-Brent up over $109 on upbeat China, euro zone surveys
Possible U.S., Iran leaders meeting eases supply concerns (Updates throughout, changes dateline from previous SINGAPORE) LONDON, Sept 23 (Reuters) - Crude oil rose slightly to hold above $109 a barrel on Monday as upbeat business surveys in China and Europe pointed to stronger oil demand while a possible thaw in U.S.-Iran relations underpinned easing supply concerns. Brent crude for November delivery edged up 6 cents to $109.28 a barrel by 0949 GMT, off a low of $108.97 hit earlier in the session. U.S. crude for November rose 24 cents to ...
Click
To Read Full Article
