Receive Breaking News updates as they occur
By Claire Milhench LONDON (Reuters) - Brent oil futures held above $48 a barrel on Thursday as speculator buying on hopes for a price rebound offset data showing record-high U.S. crude stocks. U.S. crude was trading at $44.26 a barrel by 6:41 a.m. ET, down 19 cents but off a six-year low hit on Wednesday. The U.S. Energy Information Administration (EIA) said domestic crude stocks had risen by almost 9 million barrels week-on-week to nearly 407 million, the highest level since the government began keeping such records in 1982. "It's a tug of war between the non-supportive fundamentals and investor flows - investors are more concerned about missing a potential bounce," said Ole Hansen, senior commodity strategist at Saxo Bank.
WASHINGTON (AP) — Senators weigh Loretta Lynch's nomination for attorney general for a second day at a hearing certain to pile criticism on President Barack Obama and Eric Holder, the current occupant of the job.
By Suleiman Al-Khalidi and Linda Sieg AMMAN/TOKYO (Reuters) - An audio message purportedly from a Japanese journalist held by Islamic State militants said a Jordanian air force pilot also captured by the group would be killed unless a woman jailed in Jordan was released by sunset on Thursday. The message appeared to postpone a previous deadline set on Tuesday in which the journalist, Kenji Goto, said he would be killed within 24 hours if the Iraqi would-be suicide bomber in prison in Jordan was not freed. "I am Kenji Goto.