OIL FUTURES: Crude Pauses Near $70/Bbl Milestone - Wall Street Journal

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Viraj
on June 3, 2009 4:12 AM | | Comments (0) | TrackBacks (0)
NEW YORK (Dow Jones)--Crude futures were little changed Tuesday, as a rally built on the prospect of an economic recovery later this year sputtered on the weak state of current oil demand.

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Light, sweet crude for July delivery settled 3 cents lower at $68.55 a barrel on the New York Mercantile Exchange. The slight decline snapped a streak of six consecutive gains. July Brent crude on the ICE futures exchange settled 20 cents, or 0.3%, higher at $68.17 a barrel.

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