Crude oil trading range for the day is 2072-2308.Crude oil prices recovered from lows after data showed that oil supplies in the U.S. rose less than feared last week.
Palm oil-based bio fuels will no longer be authorize in Norway, the nation parliament introduced remaining week. The move, which goals to the destruction of Indonesian rain forests for palm oil plantations. Norway biofuel enterprise will have until 2020 to segment out the oil. But palm oil isnt
Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.