Oil gained on Thursday

International benchmarks for oil prices edged higher on Thursday (15 September) following news of a leak at one of the major gasoline pipeline, which carries fuel from the Gulf Coast to the eastern US. However, other bearish factors kept the gain limited. Libya has resume export from some major ports while the EIA monthly report indicated some degree of weakening demand.

WTI closed at $43.91/barrel (+$0.33) for October delivery

Brent closed at $46.59/barrel (+$0.74) for November delivery