SINGAPORE, **v 14 (Reuters) - U.S. crude rose to hold above $74 a barrel on Friday after shedding almost 4 percent to hit a four-year low in the previous session on renewed concerns of an oil glut after stockpiles climbed at the U.S. Cushing delivery hub. Saudi Arabia's oil minister also appeared to rule out a cut in production by the key OPEC member when the Organization of the Petroleum Exporting Countries meets in Vienna on **v. 27 fuelling fears of oversupply. FUNDAMENTALS * U.S. crude for December delivery rose to 23 cents to $74.43 a barrel by 0116 GMT on Friday after dropping $2. ...
11-14-2014, 07:32 AM
NYMEX-U.S. crude climbs from four-year low to hold above $74 a barrel
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