Morning News: Oil rises 1% on stalled Russia-Ukraine peace talks, strong US demand – By IIS Research
<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Oil prices rose by nearly a dollar a barrel on Thursday as
Russia and Ukraine blamed each other for a stalled peace process, and as
earlier U.S. data showed signs of strong demand in the top oil consuming
nation. Brent crude futures rose 83 cents, or 1.2%, to settle at $67.67 a
barrel, a two-week high. U.S. West Texas Intermediate crude futures gained 81
cents, or 1.3%, to close at $63.52 a barrel.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The Asian Development Bank will provide a $410 million
financing package to help develop Pakistan's Reko Diq copper mine, one of the
world’s largest untapped deposits, which will be operated by Barrick Gold
(ABX.TO), opens new tab, two sources told Reuters...
