The Traderszone Network

Published in TZ Latest News 25 November, 2015 by The TZ Newswire Staff

Brent, U.S. crude futures flat on light U.S. Thanksgiving trade

Brent and U.S. crude oil futures traded nearly flat on Thursday on light trading due to the U.S. Thanksgiving holiday. U.S. crude’s West Texas Intermediate (WTI) futures flirted in both negative and positive territory in morning trade, slipping 2 cents, or 0.05 percent, to $43.02 a barrel as of 0133 GMT. Stocks rose 1 million barrels in the week to Nov. 20, the ninth consecutive week, compared with analyst expectations for a 1.2 million barrel rise, according to the U.S. Energy Information Administration.