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Oil prices climb despite record stockpiles

Oil prices rallied in New York Thursday despite US stockpiles hitting a fresh all-time high, while Brent slipped. New York’s main contract, West Texas Intermediate (WTI) light sweet crude for July, closed at $93.61 a barrel, up 48 cents from Wednesday. Brent North Sea crude for delivery in July dropped…

Oil prices diverge before US payrolls data

World oil prices diverged on Friday amid caution before key payrolls data in top crude consumer the United States, and as Greece reached a debt deal with private creditors to avert bankruptcy. New York’s main contract, West Texas Intermediate (WTI) or light sweet crude for delivery in April, added 34…

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