The uptick adds to signs the tide may be turning for regional equities after they underperformed their global peers last year due to the strengthening dollar and concern they would suffer from global trade tensions.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.