Oil climbs on US stockpiles draw

Source: Reuters
© ScanPix/Reuters
Prices for oil jumped on Thursday amid another fall in the US crude stocks and the devaluation of the Yuan. Futures for WTI rose 0.67% to $43.59 per barrel, while futures for Brent grew 1% to $50.69 per barrel. Meanwhile the EIA lifted its projection concerning global oil demand for this year, however analysts say that China's currency devaluation could dent demand for crude in the world's second biggest economy. 
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