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Oil Nudges Up Ahead of US Stocks Data

March 14, 2018 10:35 am

Oil prices edged higher on Wednesday, ahead of the latest U.S. inventory data which is expected to show a rise in crude stocks, in line with seasonal trends.

Brent crude, the global oil benchmark, was up 0.2% to $64.76 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.3% at $60.87 a barrel.



Categorised in: Economics