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Brent rises above $110 as Fed vows low interest rates

By: Yossel in TT | Recommend this post (0)
Thu, 26 Jan 12 3:22 PM | 57 view(s)
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Brent rises above $110 as Fed vows low interest rates

Petrol pump nozzles are pictured at a petrol station in Frankfurt, February 23, 2011.

LONDON (Reuters) - Brent crude rose above $110 on Thursday, extending gains on the back of a weaker dollar after the U.S. Federal Reserve said it would keep interest rates low for longer than planned, to help speed an economic recovery.

Credit: Reuters/Alex Domanski

Zaida Espana

LONDON
Thu Jan 26, 2012 4:15pm IST

link-
http://in.reuters.com/article/2012/01/26/markets-oil-idINDEE80P07D20120126





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