Tuesday, May 1, 2007

Oil prices edge up ahead of US inventory data

(Reuters) - Oil prices inched up on Wednesday on renewed buying interest, after a slide the previous session on an expected rebound in refinery production in the United States.

London Brent crude for June gained 29 cents at $67.29 a barrel by 0401 GMT, after falling 65 cents on Tuesday. U.S. light sweet crude was up 7 cents at $64.47, after losing $1.31 a day earlier.


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