Concerns about renewed coronavirus lockdowns in the United States outweighed signs of a recovery in U.S. gasoline demand on Thursday to keep a lid on oil prices.
The market is also in a holding pattern ahead of a meeting on July 15 of the market monitoring panel of the Organization of the Petroleum Exporting Countries (OPEC) and its allies.
Brent crude futures were up 5 cents, or 0.12%, to $43.34 by 11:39 GMT, after gaining 0.5% on Wednesday, while U.S. West Texas Intermediate (WTI) crude futures dipped 14 cents, or 0.3%, to $40.76, after rising 0.7% the previous day.
Data from the U.S. Energy Information Administration showed U.S. gasoline stockpiles fell by 4.8 million barrels last week, much more than analysts expected, as demand hit its highest level since March 20.
Source : Reuters
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