 Business Recorder | Oil at 12-wk high on N.Sea output drop, stimulus hope Reuters Fed official's urging of more bond buying supports oil. * Brent moves above 200-day moving avg, US above 100-day. * North Sea supplies to drop to record low in September. * Coming up: EIA oil data 10:30 a.m. EDT Wednesday (Adds volume, gasoline ... Oil Hits 12-Week High on Supply Drop, Stimulus Hopes |
Tuesday, August 7, 2012
Oil at 12-wk high on N.Sea output drop, stimulus hope - Reuters
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