Monday, April 30, 2007

Oil steady near $68; gasoline, Mideast support

(Reuters) - Brent crude, currently seen as more representative of global oil prices than U.S. oil, was down 13 cents at $68.28 a barrel by 1223 GMT. U.S. crude fell eight cents to $66.38.

But U.S. gasoline, the main price driver in recent weeks, strengthened. Gasoline stocks in the world's top consumer have declined to a six-year low on a combination of strong demand, refinery problems and slow imports.


Read more at Reuters.com Hot Stocks News

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