UPDATE 7-Oil ends modestly higher, weak demand outlook weighs

... indicate there's more than ample supply of oil," said Gene McGillian, oil analyst with Tradition Energy in Stamford, Connecticut. "The important thing is how the economies are going to do in the U.S. and China." Crude oil prices were drawing some ...

http://www.reuters.com/article/2013/06/12/markets-oil-idUSL3N0EO0RW20130612?feedType=RSS&feedName=marketsNews