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Oil falls below $59 on record-high U.S. crude stocks

(Reuters) - Brent crude oil prices fell below $59 a barrel on Thursday after U.S. government data showed crude stocks hit a record high last week. U.S. commercial crude oil inventories rose by 7.7 million to a record 425.64 million barrels in the week ended Feb. 13, said the...

EU hangs tough, waiting for Greece to bend as euro wilts

 European Union finance ministers piled pressure on  Greece  on Tuesday to remain in an international financial rescue program as the euro fears of disruption when Athens' credit lines expire in 10 days time. But as he returned to meetings on other, routine, matters with...