NEW YORK: Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures.
Global benchmark Brent crude rose 49 cents, or 0.8%, to settle at $59.91 a barrel. U.S. WTI crude gained 57 cents, or 1.1%, to settle at $53.93 a barrel.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
