(Reuters) - U.S. oil climbed above $77 on Wednesday, inching towards its all-time high, on forecasts for another weekly decline in crude stocks in top consumer the United States and a recovery in world share markets.
U.S. crude was up 48 cents at $77.31 a barrel by 1127 GMT after hitting $77.43, the highest since August 8, 2006. London Brent crude was up 58 cents at $76.32.
Read more at Reuters Africa
U.S. crude was up 48 cents at $77.31 a barrel by 1127 GMT after hitting $77.43, the highest since August 8, 2006. London Brent crude was up 58 cents at $76.32.
Read more at Reuters Africa
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