TOKYO: Oil climbed for a second day on Thursday in light holiday trade as a drawdown in U.S. stockpiles of crude and gasoline raised demand hopes, while hints of an imminent Brexit deal raised investors' risk appetite.
Brent crude futures rose 38 cents, or 0.7%, to $51.58 a barrel by 0530 GMT, while U.S. West Texas Intermediate (WTI) crude futures increased 31 cents, or 0.6%, to $48.43.
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