Tuesday, April 10, 2007

Oil holds near $62 ahead of US gasoline stock data

(Reuters) - Oil stood near $62 a barrel on Wednesday, ahead of U.S. data expected to show gasoline inventories fell further in the run up to summer demand.

U.S. crude was steady at $61.89 a barrel by 0403 GMT, after settling up 38 cents on Tuesday. London Brent crude was down 1 cent at $67.41.


Read more at Reuters Africa

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