Brent crude futures settled at $64.06 a barrel, down 21 cents. U.S. West Texas Intermediate crude settled at $58.11 a barrel, shedding 30 cents. WTI trade volumes lower ahead of the U.S. Thanksgiving holiday, with lots of front-month contracts trading down about 5% compared with the previous session.
NEW YORK: Oil eased on Wednesday after a report showing U.S. crude inventories grew unexpectedly last week, while gasoline stocks surged and production hit another record.
Losses were limited by optimism that a U.S.-China trade deal would be reached soon.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
