Brent Stays Afloat on Drop in US Inventories
July 18, 2013 at 07:18 AM EDT
Brent crude oil slipped following US Federal Reserve Chairman Ben Bernanke's testimony to Congress, but falling stockpiles in the US kept prices afloat. The commodity traded at $108.52 at 5:49 GMT on Thursday morning. At his testimony to Congress Bernanke revealed no new information about the central bank's plan to taper