Oil prices rise as crude, gasoline inventories ease
Oil prices climbed on Thursday as crude inventories decreased following increased processing by US refineries and a reduction in gasoline inventories, indicating heightened demand. Brent futures advanced by 35 cents, or 0.4%, to $85.43 per barrel. Meanwhile, U.S. West Texas Intermediate (WTI) crude rose by 36 cents, or 0.5%, reaching $82.47 per barrel. US crude…