Oil steady after U.S. crude stockpiles drop; traders watch Gulf of Mexico storm
Oil was steady on Thursday, holding gains from the previous session after another fall in U.S. crude inventories indicated a tighter market, and as a tropical storm was heading for oil producing facilities in the Gulf of Mexico. Brent crude futures, the international benchmark for oil prices, were at $52.58 per barrel at 0438 GMT, up 1 cent from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $48.37 a barrel, down 4 cents.
Source:: https://finance.yahoo.com/news/oil-steady-falling-crude-inventories-010544507.html
