U.S. oil prices hold at 2-week high with U.S. crude supplies down a third straight week

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U.S. oil futures eked out a gain on Thursday to hold ground at their highest settlement in about two weeks after official U.S. data reveal a third weekly fall in domestic crude inventories.

Global benchmark Brent crude, however, finished a bit lower, with oil prices, overall, having been mostly stuck in a tight trading range since early June, on the back of persistent worries over demand from China and the global economic outlook.

Price action

Supply data

The…

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