Crude oil prices lift slightly

By Dow Jones newswires

Brent crude oil prices are still soft and it is "merely a matter of time" before they break below the $US100 a barrel floor, according to David Hufton of brokerage PVM in London.

Declining prices of both contracts have seen the "spread", or price difference between the two benchmarks, widen to over $US9 a barrel, the largest gap since mid-April.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Read more here: Business Spectator


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