Sunday, April 15, 2007

Oil edges up, eyeing Nigeria vote, McKee refinery

(Reuters) - U.S. light, sweet crude for May delivery, which expires on Friday, rose 14 cents to $63.77 a barrel by 0417 GMT after slipping 22 cents on Friday. London Brent crude , which hit a 2007 high on Friday, stood 18 cents higher at $68.81.

Gasoline took the market spotlight last week, leading a rally until they swiftly reversed course on Friday after U.S. Energy Secretary Sam Bodman said he was "relatively confident" of sufficient gasoline supplies during the summer.


Read more at Reuters.com Hot Stocks News

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