Fetching News Details
Oil prices dropped in the international market on Thursday over a strong build in the US refined product stockpiles. Brent crude LCOc1 futures rose 0.2%, to $63.51 a barrel. US West Texas Intermediate crude CLc1 futures dipped 0.5%, to $56.52. While EIA data showed a drop of 3.1 million barrels in the US crude inventories, the gasoline and distillate stockpiles rose 3.6 million barrels and 5.7 million barrels respectively.