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Oil prices waver amid U.S. inventory data

Xinhua, April 26, 2017 Adjust font size:

Oil prices fluctuated Wednesday as traders meditated on a larger-than-expected drawdown in U.S. crude inventories.

The West Texas Intermediate for June delivery edged up 0.06 U.S. dollar to settle at 49.62 dollars a barrel on the New York Mercantile Exchange, while Brent crude for June delivery fell 0.28 dollar to close at 51.82 dollars a barrel on the London ICE Futures Exchange. Endit