US crude oil futures edged down towards the mid-$82 range per barrel, giving back some of the previous day's gains when oil prices rose more than 1% after a US government report showed increased oil product demand.
NYMEX crude for April delivery was down 68 cents at $82.25 a barrel, after rising $1.23 on Wednesday as news of falling fuel supplies in the world's largest oil consumer nation and a softer dollar supported prices.
The US Energy Information Administration's oil inventory report on Wednesday showed crude stocks rose 1 million barrels last week, while distillate inventories fell 1.5 million barrels and gasoline stocks dropped 1.7 million barrels.
Source BloomBergUTV
lable OIL PRICE,COMMODITY PRICE
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