(Reuters) - The geopolitical risks overshadowed a bearish batch of weekly U.S. inventory data that showed a sharper-than-expected rise in refinery production rates, helping counter concerns over the persistent decline in gasoline stockpiles.
London Brent crude rose 7 cents to $66.11 a barrel by 0415 GMT, adding to Wednesday's 11-cent gain that pulled prices back from a three-week low of $64.76 a barrel. U.S. light, sweet crude fell 29 cents to $62.84 after a 3-cent rise.
Read more at Reuters.com Business News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment