Oil Ticks Higher on Expected US Inventory Draw

摘要

Oil prices edged higher on Tuesday on forecasts of a steep draw in US crude oil stocks that could indicate a global oversupply is starting to shrink. Analysts polled by Reuters expected weekly US crude oil inventories to show a draw of 2.4 million barrels in the week ending Dec. 16. The American Petroleum Institute, an industry group, said US crude stockpiles fell by 4.1 million barrels in the previous week. In London, Brent crude rose 43￠ to close at $55.35 per barrel.