Brighter stock markets and a slightly weaker dollar were enough to drag oil higher Thursday.
Traders overcame weak US jobs data and a downgrade to oil demand forecasts from the International Energy Agency, but not before they’d knocked crude down 2.5%.
On the metal markets, gold edged higher as the dollar gave back gains versus other major currencies, but copper fell below $2 a pound at one stage Thursday following the jobless claims news. (source: ft.com)
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