Oil back to $80
Oil prices rose slightly on Wednesday as the market awaited a weekly snapshot of crude stockpiles in the United States -- the world's biggest energy consuming nation.
New York's main contract, light sweet crude for delivery in April gained 27 cents to 79.96 dollars a barrel at about 0930 GMT.
Brent North Sea crude for April climbed 19 cents to 78.37 dollars a barrel.
Traders were turning their attention to an upcoming stockpiles report from the US Department of Energy (DoE).
Comments