Financial Times FT.com

Crude advances as gold heads lower

By Chris Flood

Published: February 9 2009 14:00 | Last updated: February 9 2009 20:06

Crude oil prices rose while base metals were mixed and gold slipped below the $900 level as dealers awaited news of progress for President Obama’s $827bn stimulus package for the US economy.

ICE March Brent rose $1 to $47.21 a barrel while Nymex March West Texas Intermediate rose 77 cents to $40.94 a barrel.

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