Oil prices settle slightly higher on unexpected draw in US crude inventories By Investing.com
Investing.com — Oil prices settled slightly higher on Thursday following data showing U.S. weekly crude stockpiles unexpectedly fell last week, pointing to renewed demand following weather-related disruptions. At 2:30 p.m. ET (1830 GMT), West Texas Intermediate crude futures were 0.4% higher at $70.67 per barrel and gained 0.3% to $74.44 a barrel. Inventories of fell by...