West TX Oil Above $57 as Stockpiles Grow Less

U.S. crude futures held around $58.50 a barrel on Thursday, near their highest this year as U.S. crude stockpiles grew less than expected after the first decline since November in stocks at the main U.S. delivery hub.

U.S. crude futures had edged down 15 cents to $58.43 a barrel by 0013 GMT. They closed up $1.52 at $58.58 a barrel on Wednesday, after hitting a 2015-high of $59.33.

Brent crude futures, the more widely-used benchmark, shed 39 cents to $65.45, after finishing up $1.20 at $65.84 in a session that saw them mark their highest so far this year at $66.72.

CNBC

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