Thursday, June 14, 2007

Oil flat after two-day gain on fuel worry, Mideast

(Reuters) - London Brent crude for August delivery, the new front month contract, was unchanged at $71.36 a barrel by 0309 GMT, while U.S. July crude eased 2 cents to $67.63 a barrel.




Traders said follow-through buying after Wednesday's U.S. weekly oil inventory report showed surprisingly flat gasoline stocks and falling heating fuel supplies had boosted prices, raising fears that refiners would struggle to build up stocks.


Read more at Reuters.com Hot Stocks News

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