Oil prices rise on US crude draws, tight global supply and Rosebank announcement

Oil prices rise on US crude draws, tight global supply and Rosebank announcement

City A.M.

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 Oil prices rose in early Asian trade on Thursday after surging to the highest settlement in 2023 in the previous session as a steep drop in U.S. crude stocks added to worries of tight global supplies. Brent crude LCOc1 futures climbed 16 cents to $96.71 a barrel by 0001 GMT. U.S. West Texas Intermediate crude futures (WTI) rose [...]

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