Oil gains as US Crude stocks lowest in 3 years

Crude gains on US stocks data

Brent crude futures rose 15 cents to $73.59 a barrel, a 0.2 percent gain, by 11:07 a.m. EDT (1507 GMT). U.S. West Texas Intermediate (WTI) crude futures rose 10 cents to $68.62 a barrel, a 0.2 percent gain. Gains were limited as data from the Energy Information Administration showed a large drawdown in less-critical West Coast crude stocks, which fell their most since December 2011.

Leave a Reply