Commodities

Oil Prices Rise On Stock Drawdown, Iran-West Tensions

Oil prices rose on Thursday after U.S. government data showed a drawdown in domestic crude stocks.

Benchmark Brent crude climbed 0.75 percent to $60.74 a barrel, extending gains for a fifth consecutive session. West Texas Intermediate (WTI) crude futures were up 0.7 percent at $56.08 per barrel.

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by RTTNews Staff Writer

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