Crude holds its ground

Oil held at more than $52 today, after resuming a slide the previous day, as a cold snap in the US north-east was seen coming too late to support winter demand in the face of ample heating fuel supplies.

Chilly: icy weather has hit the north-east of the US
Chilly: icy weather has hit the north-east of the US
Published 23 January 2007, 09:36Updated 28 June 2012, 02:53
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