Tag Archives: Oil rises 2pc on falling US crude stock

LONDON: Oil prices rose on Thursday after data showed US crude stockpiles fell more than expected last week and a fresh attack by Houthi forces on ships off Yemen’s coast underscored the peril facing trade in a key global transit route. Brent crude futures were up $1.29, or 1.6 per cent, to $81.33 a barrel at 1521 GMT , while …

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