Oil prices rise modestly after mixed U.S. inventory data

NEW YORK, April 27 (Xinhua) -- Oil prices eked out modest gains on Wednesday as traders parsed the newly-released data on U.S. fuel stockpiles.

The West Texas Intermediate for June delivery added 32 cents, or 0.3 percent, to settle at 102.02 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for June delivery increased 33 cents, or 0.3 percent, to close at 105.32 dollars a barrel on the London ICE Futures Exchange.