Oil prices rose on Thursday, extending two days of increases as supply disruptions in Libya lifted the market, although bloated U.S. crude inventories curbed gains.
Prices for front-month Brent crude futures LCOc1, the international benchmark for oil, were at $52.53 per barrel at 0659 GMT, up 11 cents from their last close.
In the United States, West Texas Intermediate (WTI) crude futures CLc1 rose 17 cents to $49.67 a barrel.
USD/JPY – Yen Shrugs off Weak Retail Sales
West Texas Crude Moves Higher as Crude Inventories Misses Estimate
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Former Craig
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