PREMIUM FEATURES

Prices tread a fine line

OIL prices trod a tight line this week first easing on signs of slowing global growth then inching upward on speculation that United States petrol inventories may be insufficient to meet peak northern summer demand.

On Thursday crude oil for June delivery on the New York Mercantile Exchange rose 17 cents to a two-week high of US$54.20 per barrel, - the highest close since April 6. While prices are now down about 7%...

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