Friday 24 June 2011

Oil recovers to $107, IEA release impact fades

LONDON (Reuters) - Oil's deep sell-off paused on Friday as the impact of a surprise announcement of an emergency stocks release faded. By 0859 GMT Brent crude futures were 24 cents higher at $107.50, while U.S. crude futures recovered 87 cents to $91.89. Brent had fallen around 6 percent on Thursday ...


Related News:-

  • IEA releases oil reserves to prop up economy


  • IEA releases oil reserves to prop up economy ... the fragile global economic recovery," the IEA said. PRICE IMPACT UNCERTAIN. Oil prices ... for benchmark Brent crude at $107.14 ...

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