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Oil above $68 on U.S. stockdraw, awaits EIA, economic data (Reuters)


Oil edged above $68 a barrel on Wednesday, reversing part of the previous day’s slide of 3 percent, after industry data showed a sharp fall in U.S. crude stocks, boosting hopes of a demand rebound in the world’s top energy user.

This entry was posted on Tuesday, September 1st, 2009, 11:25 pm and is filed under Finance News. You can follow any responses to this entry through RSS 2.0. Both comments and pings are currently closed.

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