Oil Rises from Six-Month Low as Metrics Signal Drop Was Overdone
[ad_1] (Bloomberg) — Oil edged up as internal market metrics flashed signs that recent declines were overdone, overshadowing the prospect of a temporary truce in Ukraine. West Texas Intermediate rose 0.3% to top $66 a barrel, recovering from the lowest closing price in six months. Ukraine said it’s ready to accept a US proposal for…