The Traderszone Network

Published in TZ Latest News 24 June, 2015 by The TZ Newswire Staff

Crude prices steady, U.S. oil stocks data disappoints

Oil prices were steady on Thursday as an unexpected build in U.S. gasoline inventories offset a higher than forecast draw in crude stocks, while Brent was supported by a stronger euro. Brent crude for August delivery (LCOc1) had risen 17 cents to $63.66 a barrel by 0329 GMT (1129 EDT), after ending the previous day down 96 cents, or 1.5 percent. U.S. crude for delivery in August (CLc1) was unchanged at $60.27 a barrel, after finishing Wednesday down 74 cents, or 1.2 percent.