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Oil Fluctuates Around $63 a Barrel Ahead of U.S. Stockpile Data Bloomberg 57 mins ago Sharon Cho and Alex Longley (Bloomberg) Oil traded near $63 a barrel in London as traders awaited weekly U.S. inventory data for the latest steer on the demand recovery. Brent futures climbed 1%, swinging between gains and losses. Attention will shift later to U.S. inventories, after an industry report showed a decline in crude stockpiles but a gain in gasoline holdings. Wednesday’s government data will offer clues on the health of American consumption after the world’s largest economy posted a string of positive economic figures.

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