Oil rises after falling three times backed down a surprise US crude

2016/9/15 11:28

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Oil prices rose on Thursday, after falling nearly 3 percent in the previous session, helped by lower surprise in US crude inventories.

And registered futures for Brent crude to $ 46.05 a barrel, by at 06:42 GMT, up 20 cents, equivalent to 0.4 percent from the previous settlement.

Also it increased the NYMEX West Texas Intermediate 6 cents, or 0.1 percent, to $ 43.64 a barrel.

The crude prices fell about 3 percent for the second straight session, on Wednesday, following a 4.6 million barrel increase in stockpiles of US products distillation.

It fell US crude inventories 559 thousand barrels in the week ending on 9 September, contrary to expectations for an increase of 3.8 million barrels.