Brent Crude Above $113/B

Published on Thursday, 10 May 12:34 pm

Brent crude held steady above $113/B on Thursday, as news that Greece will receive its latest debt bailout payment eased concerns that Europe’s woes could affect oil demand. But gains were kept in check by signs of rising US crude inventories. Brent crude edged up 3 cents to $113.23/B early on Thursday, after settling at $113.20/B on Wednesday. US crude rose 5 cents to $96.86/B.

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