Oil Prices Rise On Surprise U.S. Crude Inventory Draw

Oil prices rose on Thursday, lifted by a surprise draw on U.S. crude inventories as well as ongoing dollar weakness which makes oil cheaper in global markets and potentially spurs demand. U.S. West Texas Intermediate (WTI) crude futures were at $65.27 a barrel at 0122 GMT, up 10 cents, or 0.2 percent, from their previous close.
Brent crude futures were at $69.53 per barrel, up 6 cents, or 0.1 percent. Both benchmarks are hovering just below their highest levels since early February, having risen around 10 percent from March lows. For Any More Information Please Visit : www.paceresearchindia.com and Call : 8817774774