Tuesday, 4 June 2013

Brent oil up one percent South Korea would create new incentives

Brent crude oil rose more than $1 per barrel on Tuesday, shaking off early losses as rumours spread that South Korea would create new incentives for refiners to import crude that could bolster demand. Brent crude oil prices jumped and volume spiked just before noon EDT (1600 GMT), as talk...Brent oil up one percent South Korea would create new incentives

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