Tue, 25 Jun 2013 12:05:09 GMT
Oil near $102 amid easing liquidity concerns, Canada floods
Oil advanced to $102 per barrel on Tuesday, recovering from the lowest level in three weeks, as investors fears about a cash crunch in China and as Canadian pipeline closure threatened overseas sales to the United States. Brent crude rallied to $101.80 per barrel, following a decline to the lowest level in three weeks of $99.67 yesterday. U.S. oil jumped