Friday 9 September 2011

Brent oil steady near $115 on storms, US jobs package | Reuters

Brent crude oil edged up towards $115 a barrel on Friday, after falling more than a dollar in the previous session, supported by storm threats and uncertainty about U.S. President Barack Obama's latest plan to revive the world's largest economy.

Brent for October delivery was on track for a weekly gain of more than 2 percent, trading up 27 cents at $114.82 a barrel by 0505 GMT.

U.S. crude oil nudged four cents higher to $89.09 a barrel and was set for a gain of more than 3 percent this week.

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