Crude oil regains a bit of ground as Credit Suisse secures lifeline

Oil prices regained some ground on Thursday after falling to 15-month lows in the previous session as markets calmed somewhat after Credit Suisse announcement of borrowing as much as 53.7 billion dollars and seek to repurchase debt. In intra-day trade, Brent crude was trading at around 73 dollars and 62 cents per barrel, while WTI crude price was at 67 dollars and 50 cents per barrel, when reports last came in.