SINGAPORE: Oil prices rose on bargain-buying in Asia on Friday but analysts warned of fresh selling pressure as the United States and the eurozone prepare to release key manufacturing indicators later in the day.
The gains extended a slight recovery on Thursday after they were hammered Wednesday by data showing US crude stockpiles had increased much more than expected last week, adding to worries about a global glut.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.