Headline Details

Oil steadies on U.S. economic data; U.S. crude near $60 support

Published on: Thu, 11 Dec 2014 20:38:23 UTC
News Agency: Reuters
Description:
NEW YORK (Reuters) - Oil prices stabilized near five-year lows on Thursday as robust U.S. consumer spending data boosted investor optimism about the world's largest economy, while traders warned that a bottom for crude remained elusive after a six-month selloff.

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