Reuters | Oil stable as strong Chinese demand eases concern of ongoing glut Reuters SINGAPORE (Reuters) - Oil prices were stable on Thursday as strong demand from China eased concerns of an ongoing fuel glut. Brent crude futures were at $47.75 per barrel at 0357 GMT, up 1 cent from their last close. West Texas Intermediate (WTI) crude ... OPEC's oil output jumps again in June as the group struggles to end the crude glut Oil settles higher as EIA confirms a drop in US crude stockpiles Are Supermajors Spooked By Peak Oil Demand? |