Oil up slightly, dealers await U.S. stocks data (Reuters)

Posted by admin on March 28, 2009 under News | Be the First to Comment

Oil up slightly, dealers await U.S. stocks data (Reuters)

A worker checks pipes at PetroChina's Tarim Oilfield in Taklamakan Desert, in China's western Xinjiang region, Thursday, March 26, 2009. Profits at China's oil producers, steel makers and other major industrial companies fell sharply in January and February as sales were battered by the global economic crisis, data showed Friday. (AP Photo)Reuters – Oil rose slightly on Tuesday after U.S. stock markets bounced off their lows amid lingering optimism that the government’s plan to unburden banks of soured assets could help shore up the ailing economy.


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