Bloomberg News

Brent Oil Recovers to Trade 0.7% Higher as Equities Advance

September 26, 2011

Sept. 26 (Bloomberg) -- Oil recovered in London as gains among banking and insurance company stocks propelled a rally in European equity markets. Brent futures rose as much as 0.7 percent to $104.70 a barrel, erasing an earlier loss of 2.2 percent.

To contact the reporter on this story: Grant Smith in London at gsmith52@bloomberg.net

To contact the editor responsible for this story: John Buckley at johnbuckley@bloomberg.net


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