Oil Nudges Up Ahead of US Stocks Data

Oil Nudges Up Ahead of US Stocks Data


Oil prices edged higher on Wednesday, ahead of the latest U.S. inventory data which is expected to show a rise in crude stocks, in line with seasonal trends.

Brent crude, the global oil benchmark, was up 0.2% to $64.76 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.3% at $60.87 a barrel.

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