Tuesday, June 19, 2007

Oil steadies ahead of US stocks, Nigeria strike

(Reuters) - Oil prices steadied on Wednesday, as traders waited to see if a threatened strike in Nigeria would cut its crude exports and whether gasoline inventories in the United States have built as forecast.

London benchmark Brent crude edged 3 cents lower to $71.81 a barrel by 0322 GMT, after losing 34 cents on Tuesday when the market pulled back from a 10-month high.


Read more at Reuters Africa

No comments: