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Thursday, June 29, 2017 15:50 GMT
Crude oil futures rose for a sixth consecutive session on Thursday, as a decline in US production underpinned the market that has been under pressure from a global supply glut. US West Texas Intermediate (WTI) crude rose 7 cents, or 0.2%, to US$44.81 per barrel by 0003 GMT, while the benchmark Brent futures gained 8 cents, or 0.2%, to US$47.39 a barrel. WTI climbed to US$44.90 a barrel, matching Wednesday's peak price which was highest since June 19. The US Energy Information Administration...More