Oil futures split ways on Thursday, with U.S. prices up a fourth straight session after recent data revealed a weekly decline in domestic supplies, but global prices ending lower in the wake of a reported delay in the U.S.-China trade discussions and a slowdown in OPEC output cuts.
April West Texas Intermediate crude rose 35 cents, or 0.6%, to settle at $58.61 a barrel on the New York Mercantile Exchange, logging a fourth straight session climb. It settled at its highest since mid-November, according to FactSet data.
May Brent crude meanwhile, edged down by 32 cents, or 0.5%, to $67.23 a barrel on ICE Futures Europe. It settled at a four-month high a day earlier.
Source : Marketwatch