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U.S Crude Surged above $70/bbl after 1% Gain

August 12, 2009 @ 7:53 pm In Oil Market News

U.S. crude futures extended gains to trade firmly above $70 a barrel on Thursday, after a 1 percent
surged a day earlier, as Asian stocks followed Wall Street higher, offsetting a larger-than-expected build in U.S. crude inventories.

For full story, click here [1]


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[1] here: http://in.reuters.com/article/domesticNews/idINT12708020090813

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