With a key OPEC meeting looming and following the release of U.S. inventories report yesterday which showed a decline in oil stockpiles, crude oil prices held steady, with Nymex-traded WTI oil trading $0.20 higher to $82.82 a barrel. It’s clear, though, that traders remain on high alert on concerns that the Eurozone crisis could see a significant escalation from Greece in the days to come, which could put a marked dent in oil demand. Read more
