(Reuters) - Oil prices steadied on Tuesday with concerns over gasoline supply in the United States keeping crude above the $70 mark even as fears eased that a cyclone in the Middle East would disrupt production.
London Brent crude rose 11 cents to $70.51 a barrel by 0659 GMT, after climbing $1.33 on Monday on concerns the storm could disrupt shipping and output in the energy-rich region.
Read more at Reuters Africa
London Brent crude rose 11 cents to $70.51 a barrel by 0659 GMT, after climbing $1.33 on Monday on concerns the storm could disrupt shipping and output in the energy-rich region.
Read more at Reuters Africa
No comments:
Post a Comment