London Brent was down 53 cents at $54.27 a barrel, also down from a $2 surge.
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Oil Prices Continue Its Climbing
World oil prices dropped from seven-week highs yesterday after dealers took profits
World oil prices dropped from seven-week highs yesterday after dealers took profits from Monday?s $2 rally, though worries over refined-products supply limited losses.
July contract light sweet crude fell 22 cents to $55.40 a barrel on the NYMEX.
London Brent was down 53 cents at $54.27 a barrel, also down from a $2 surge.
London Brent was down 53 cents at $54.27 a barrel, also down from a $2 surge.
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