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Daily Market Update- Futures - First Binary Option Service

Futures prices rose for benchmark Brent crude above $ 109 a barrel during Asian trading on Wednesday as investors continued questioning in a possible improvement of relations between the United States and Iran, and whether this will affect the nuclear dispute between Tehran and the West. Added to investors’ worries are the uncertainty surrounding the prospects for the U.S. central bank to reduce its program to facilitate cash. Brent futures rose Nov. 40 cents to $ 109.04 a barrel by 05:35 GMT. U.S. light crude futures increased 43 cents to $ 103.56 a barrel, after four consecutive days of losses pushed it to their lowest level in seven weeks in the previous session.

Wednesday, 25 Sep, 2013 / 7:39

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