Oil edged higher on improving demand outlook

International benchmarks for crude oil settled higher on Thursday, 15 April 2021 on rebounded retail sales in the US after the pandemic reliefs and more bullish demand forecast from the International Energy Agency (IEA) and OPEC.

Brent inched 36 cents higher, or 0.54% to $66.94/barrel.

WTI gained 31 cents, or 0.49% to $63.46/barrel.