Thursday, June 28, 2007

Oil inches up on surprising fall in fuel stocks

(Reuters) - London Brent crude currently seen as the best benchmark for global oil prices, was up 23 cents at $70.76 a barrel by 0712 GMT, after rising 35 cents on Wednesday.




U.S. light, sweet crude gained 32 cents to $69.29 a barrel, following an overnight spike of $1.20.


Read more at Reuters.com Hot Stocks News

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