Energy Prices Rebounded as OPEC Ministers Hinted on Output Deal. Sentiment Damped by Italian Referendum

Energy prices rebounded on comments from Iraqi oil minister that he is "optimistic" of a deal in Vienna. The front-month WTI crude oil contract gained +2.22% to settle at 47.08 while the Brent contract added +2.12% to close at 48.24. For refined oil products, gasoline and heating oil prices rose almost +3% for the day.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/energy-prices-rebounded-as-opec-ministers-hinted-on-output-deal-sentiment-damped-by-italian-referendum-2016112933902/