Thursday, April 5, 2007

Oil prices firm, gasoline offsets news from Iran

(Reuters) - Oil prices rose on Thursday, drawing support from a big drop in U.S. gasoline stocks that offset the impact of oil producer Iran's release of 15 British sailors and marines.

U.S. light crude for May delivery was 24 cents higher at $64.62 a barrel by 0843 GMT, while London Brent crude was up 45 cents at $68.85.


Read more at Reuters Africa

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