04-03-2015 18:19 via news.yahoo.com

Oil prices mixed before US data

Oil prices were mixed Wednesday before the release of a key US supply report and as dealers eyed escalating violence in crude producer Libya, analysts said. US benchmark West Texas Intermediate for April delivery gained 25 cents to $50.77 a barrel. Brent North Sea crude for April fell 48 cents to stand at $60.54 a barrel in London afternoon deals. Tetsu Emori, commodity fund manager with Astmax Investments in Tokyo, said the official US stockpiles report for last week was set to show an increase
Read more »