Oil strengthens as US stockpiles rise below expectations

Source: Marketwatch
Crude oil prices climbed up on Thursday amid a small increase in US oil stockpiles. US weekly crude oil inventories increased by about 0.25 million barrels, noticeably below market forecasts of over 2 million barrels. Futures for WTI for December delivery edged up $0.19 to trade at $41.05 per barrel, while Brent futures for delivery in January rose $0.40 to reach $44.56 per barrel. 

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