Monday, July 30, 2007

Oil holds above $76, supply worries support

(Reuters) - London Brent slipped 36 cents to $75.90. The North Sea benchmark reverted to a discount to U.S. crude last week on signs of lower crude stocks in Oklahoma.




Oil has rallied to within sight of last year's record high of $78.40, although the Organization of the Petroleum Exporting Countries has rebuffed calls from consumers for more crude.


Read more at Reuters.com Business News

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