Oil updates — crude rises on strong US fuel demand as supply concerns continue 

Oil updates — crude rises on strong US fuel demand as supply concerns continue 

SINGAPORE: Oil prices climbed in early trade on Thursday, supported by strong demand in the US after gasoline stocks hit a three month low and crude stockpiles dropped unexpectedly, with supply concerns remaining after Ukrainian attacks on Russian refineries, according to Reuters. 

Brent futures for May climbed 11 cents, or 0.13 percent, to $84.14 a barrel at 09:52 a.m. Saudi time, while April US West Texas Intermediate crude rose 10 cents, or 0.13 percent, to $79.82 per barrel.  Oil updates — crude rises on strong US fuel demand as supply concerns continue