Oil held over $55 a barrel on Thursday, as technical buying and plans to increase emergency US stockpiles offset builds in crude and distillate fuel inventories in the world's top consumer.
US light crude for March delivery was down 23 cents at $55.14 a barrel by 04:17 GMT, having gained 33c on Wednesday. London Brent crude was down 8c to $55.35.
Read Full Article at FIN24.co.za
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment