Oil gains as draw in U.S. crude stocks reinforces outlook for robust demand


TOKYO: Oil prices gained for a second day on Thursday after a bigger-than-expected drawdown in U.S. crude and gasoline stocks confirmed outlook for robust fuel demand and on doubts about the future of the 2015 Iran nuclear deal that could end U.S. sanctions on Iranian crude exports.

Brent crude futures rose 30 cents, or 0.4%, to $75.49 a barrel by 0643 GMT, after increasing 0.5% on Wednesday.

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Brent , WTI , crude oil , OPEC+

   

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