Oil prices settled mixed on Thursday as traders digested the newly-released U.S. crude stockpile data.
The U.S. Energy Information Administration (EIA) said in a weekly report on Thursday that the country's crude stocks dropped by 3.6 million barrels last week, exceeding market expectations.
However, the decrease in crude stockpiles were somewhat offset by a surprise gain on fuel inventory.
U.S. gasoline inventory rose by 534,000 barrels, while distillate stockpiles jumped by 634,000 barrels, said the EIA. Inventories of both products were expected to fall by more than a million barrels.
The West Texas Intermediate for July delivery fell 1.17 U.S. dollars to settle at 67.04 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery added 0.09 dollar to close at 77.59 dollars a barrel on the London ICE Futures Exchange.
Sources:cctvplus
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