Thursday, May 31, 2007

Oil below $68 after US stock data

(Reuters) - Oil steadied below $68 on Thursday after U.S. data showed a recovery in gasoline stocks in the world's top consumer but an unexpected drop in crude.

London Brent crude oil, currently a better indicator of the global market than U.S. oil, was up six cents at $67.90 a barrel by 1456 GMT, off a session low of $67.35.


Read more at Reuters Africa

No comments: