Wednesday, May 30, 2007

Oil holds at $68 ahead of expected US stock builds

(Reuters) - Oil prices held at $68 a barrel on Wednesday in London ahead of U.S. inventory data expected to show rising crude and fuel stocks.

London Brent crude traded up 14 cents at $68.27 a barrel by 0300 GMT, after tumbling $1.58 on Tuesday on U.S. refinery restarts and easing concerns over Nigerian shipments.


Read more at Reuters Africa

No comments: