WTI crude oil advanced 8.8% to settle at US$49.2 per barrel on Nymex last night, while Brent crude jumped 8.2% to close at US$54.15 per barrel. They lifted commodities-related stocks worldwide. Santos and Woodside, for example, opened higher in Sydney this morning. BHP Billiton and Rio Tinto also advanced even when All Ordinaries lost ground.To subscribe please click here
