Oil gained on US crude inventories report
Oil gained on US crude inventories report
International benchmarks for crude oil settled higher on Thursday, 8 July 2021 after the Energy Information Agency released the latest report that showed a sharp decline in US crude inventories, signaling the strong summer driving demand.
Brent added 69 cents to close at $74.12/barrel.
WTI rose 74 cents to settle at $72.94/barrel.