Oil prices rose in Asian trading today as traders watched ongoing refinery woes and weighed uncertainties over whether U.S. gasoline inventories can meet summer raising demand. Light sweet crude for June rose 17 cents to US$62.64. The contract gained 9 cents to settle at US$62.47 a barrel on Monday. Brent crude for June delivery rose 17 cents to US$67.01 a barrel. In other Nymex trading, heating oil futures gained almost 0.33 cent to US$1.8700 a gallon while natural gas prices fell 6.8 cents to US$7.88 per 1,000 cubic feet.
15-May-07 
{{comment.DateTimeStampDisplay}}
{{comment.Comments}}