No..I wasn't impressed by PRC news either...it was bad news yet the PRC share price went up???
Anyway oil prices are up $1` to $81.50 Us$/NZ$ +2.77% up Big rise on the DOW and NASDAQ
Surely this must add a cent or two to NZO today, and it may help NZO to break out of it's 100-105c trading trend it's in at the moment.
Oil stocks soar on Fed rate cut, $82 crude