U.S. oil price went up on Thursday amid the report that the country's crude stockpiles at a key delivery hub fell unexpectedly.
The West Texas Intermediate (WTI) for August delivery added 0.70 U.S. dollar to settle at 69.46 dollars a barrel on the New York Mercantile Exchange, while Brent crude for September delivery lost 0.32 dollar to close at 72.58 dollars a barrel on the London ICE Futures Exchange.
U.S. oil price was supported as information provider Genscape said on Thursday that inventories at the U.S. oil delivery hub in Cushing, Oklahoma fell 1.8 million barrels, or 6.2 percent, through Tuesday.
Meanwhile, Brent oil was under pressure after Saudi Arabia's OPEC Governor Adeeb Al-Aama said in a statement that the country expects crude exports to drop by roughly 100,000 barrels per day in August, according to Reuters. Enditem
Editor:Cherie
