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Oil continued to move higher after US inventory data

Oil continued to move higher after US inventory data



International benchmarks for crude oil remained largely unchanged on Wednesday, 23 June 2021 after the Energy Information Agency released US crude inventory data that showed 7.6 million dropped, to the lowest levels since March 2020.

Brent for August settlement gained 8 cents to $75.27/barrel.

WTI for August delivery climbed 9 cents to $73.17/barrel.