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Oil prices climbed on Wednesday.
The West Texas Intermediate for December delivery added 2.88 dollars, or 2.88 percent, to settle at 102.78 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for December delivery gained 1.44 dollars, or 1.26 percent, to settle at 115.32 dollars a barrel on the London ICE Futures Exchange.
Crude futures settle higher
Crude futures settle higher
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 18 pips to 6.7147 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
Chinese yuan strengthens to 6.7147 against USD Thursday
