Web Sify
Follow us on
Sify.com » Topics » HSBC
HSBC News

Oil rises slightly off 7-month lows near $90
Oil bounced slightly off seven-month lows near $90 a barrel Thursday in Asia amid signs China's economy is continuing to slow.Benchmark oil for July delivery was up 37 cents to $90.27 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange. The contract fell $1.95 to settle at $89.90, the lowest since Oct. 21, in New York on Wednesday. Brent crude for July delivery