Brent oil futures climbed above $50 a barrel on Thursday for the first time in nearly seven months, boosted after U.S. government figures showed a sharper-than-expected drawdown in crude stocks last week.
Brent had climbed 34 cents to $50.08 a barrel by 0520 GMT, its highest since Nov. 4. It ended the previous session up $1.13, or 2.3 percent.
U.S. crude futures rose 31 cents to their strongest since Oct. 12 at $49.87 a barrel, after settling the last session 94 cents higher.
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