Wednesday, April 25, 2007

Oil prices inch up

Oil prices inch up in Asian trading (AP)

Italy's Industry Minister Pierluigi Bersani, second right, Turkish Energy Minister Hilmi Guler, second left, Turkey's Calik Enerji Chairman Ahmet Calik, right, and Paolo Scaroni of ENI Group of Italy, third from left, during a ceremony to begin the construction of Samsun-Ceyhan pipeline in Ceyhan, Turkey, Tuesday, April 24, 2007. Turkey began constructing the new oil pipeline that is expected to carry Russian and Kazakh oil from its Black Sea coast to the Mediterranean, another move toward making Turkey a global energy corridor.(AP Photo/Aykut Unlupinar)AP - Oil prices inched up Wednesday ahead of the release of a weekly U.S. petroleum supply snapshot expected to show that domestic crude stocks fell and gasoline inventories rose.


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