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Thursday, January 13, 2011

Oil off on US data but OPEC eyed as $100 in sight

Oil off on US data but OPEC eyed as $100 in sight

An employee walks past a pump jack at a PetroChina plant on the outskirts of Shenyang, Liaoning province January 13, 2008. REUTERS/Stringer

(Reuters) - Oil slipped on Thursday as markets weighed disappointing U.S. jobless claims data and the prospect OPEC would raise output should prices break above $100 a barrel for an extended period.
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