Oil prices edged higher on Thursday as crude stocks fell after US refineries ramped up processing and as gasoline inventories eased, signalling stronger demand.Brent futures rose 35 cents, or 0.4% to $85.43 a barrel. US West Texas Intermediate (WTI) crude rose 36 cents, or 0.5%, to $82.47 a barrel.US crude inventories fell by 3.4 million barrels to 445.1 million barrels in the week ended July 5. Gasoline stocks fell by 2 million barrels to 229.7 million barrels, much bigger than the 600,000-barrel draw analysts expected.Source: Qatar News Agency
Home » Oil Prices Tick Up as Crude, Gasoline Inventories Ease
