NYMEX crude for May delivery was last quoting 42 cents higher at $80.96 a barrel, after settling down 8 cents at $80.53 a day earlier.
On Thursday, the euro fell to a 10-month low against the US dollar after an agreement that Athens would receive coordinated bilateral loans from other countries that use the euro and money from the International Monetary Fund if it faced severe difficulties.
Oil got some support earlier on Thursday after news that the number of workers filing new applications for unemployment insurance fell last week, while the number of those on continued benefits was the lowest since December 2008.
Oil inventories at the Cushing, Oklahoma, crude oil hub for NYMEX-traded oil rose 754,739 barrels to 31.8 million barrels in the week to March 23, a Genscape report showed on Thursday.
Source BloombergUTV
Label Crude Oil,Commodity price
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