(Reuters) - London Brent crude, currently seen as the best benchmark for global oil prices, edged up 1 cent to $70.18 a barrel by 0334 GMT, after falling $1.19 on Tuesday. U.S. light, sweet crude gained 3 cents to $67.80 a barrel.
U.S. crude inventories, already at the highest since May 22, 1998, are expected to have risen a further 1.2 million barrels last week, a Reuters poll of analysts found. Gasoline inventories are also expected to rise by 1.2 million barrels.
Read more at Reuters.com Hot Stocks News
U.S. crude inventories, already at the highest since May 22, 1998, are expected to have risen a further 1.2 million barrels last week, a Reuters poll of analysts found. Gasoline inventories are also expected to rise by 1.2 million barrels.
Read more at Reuters.com Hot Stocks News
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