Tuesday, June 19, 2007

Oil holds above $72, near 10-month high on Nigeria

(Reuters) - London benchmark Brent crude edged 16 cents lower to $72.02 a barrel by 0650 GMT after touching an intra-day peak of $72.25 on Monday, its highest since August 28.




U.S. light sweet crude eased 11 cents to $68.98 a barrel, paring only a fraction of Monday's $1.09 rise, the fourth day of a rally that has lifted prices by nearly $4.


Read more at Reuters.com Hot Stocks News

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