Wednesday, April 11, 2007

Oil holds near $62 ahead of U.S. gasoline stock data

(Reuters) - 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.

A Reuters poll of analysts forecast U.S. government data due later on Wednesday will show gasoline stocks fell 1.4 million barrels last week, alongside a build in crude stocks of 1.5 million barrels as refinery runs rose.


Read more at Reuters.com Hot Stocks News

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