Posts Tagged ‘Inflation’

Oil rebounds 1 percent

Oil prices rebounded by about $1 today as investors focused on strong demand growth in Asia after a sell-off the previous day triggered by a surprise increase in U.S. gasoline stockpiles. Brent crude for June gained $1.02 to $113.59 a barrel by 0504 GMT to partly reverse a 4 percent drop on Wednesday when official [...]